In this issue, IceCap shows how the Toronto housing bubble has been created and what will make it break – the answer may surprise you.
In addition, we detail how the European Central Bank has applied all sorts of financial make-up to convince the world that Italy, Spain, Portugal and others are in solid, financial shape.
Of course, the problem with make-up is that eventually it wears off, and then what is left exposed is not pretty.
Read the PDF here.
2017.6 IceCap Global Market Outlook