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🇨🇦 BANK OF CANADA – BRACE YOURSELVES FOR A FINANCIAL CRASH

“Some indicators of financial stress have risen. At the same time, the valuations of some financial assets appear to have become stretched.

This could increase the risk of a sharp correction that could generate system-wide stress.

The recent rise in the use of leverage in non-bank financial institutions could amplify the effects of such a correction.”

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🇨🇦 BANK OF CANADA – BRACE YOURSELVES FOR A FINANCIAL CRASH

“Some indicators of financial stress have risen. At the same time, the valuations of some financial assets appear to have become stretched.

This could increase the risk of a sharp correction that could generate system-wide stress.

The recent rise in the use of leverage in non-bank financial institutions could amplify the effects of such a correction.”


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