His focus is on the big banks that provide the mortgages to so many Canadian homebuyers. Right now, his team’s flagship Redwood Core Income Equity Fund is underweight in Canadian bank stocks. He’s on high alert for signs that it’s time to further reduce the fund’s exposure to Canada’s Big Five …
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source http://consumer-mortgage.com/real-estate-bears-warn-a-housing-slump-could-cause-next-recession-in-canada/
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