McDonald's CEO: Food Inflation Is Here to Stay

<p>Today, we'll break down the renewed surge in global bond yields and what it could mean for interest rates, mortgages, housing, and the broader economy. Long-term yields are climbing across central banks globally, putting renewered pressure on borrowing costs just as households and businesses faces further challenges. We also discuss Canada's slowing population growth and rental market, mounting stress in US housing and multifamily real estate, weakness beneath the surface of the US consumer, and why companies like McDonald's are warning that sticky, elevated food inflation and flat customer traffic are the "new normal".</p><p><br /></p><p>Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!</p><p><br /></p><p>Get Your Tickets Here:</p><p>Ottawa - <a href="https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341" target="_blank" rel="ugc noopener noreferrer">https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341</a></p><p><br /></p><p>Montreal - <a href="https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402" target="_blank" rel="ugc noopener noreferrer">https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402</a></p><p><br /></p><p>Start an investment portfolio that's built to perform with Neighbourhood Holdings! </p><p>For Mortgage Brokers: <a href="https://www.neighbourhood.com/looniehour-brokers" target="_blank" rel="ugc noopener noreferrer">https://www.neighbourhood.com/looniehour-brokers</a></p><p>For Investors and Advisors: <a href="https://www.neighbourhood.com/looniehour" target="_blank" rel="ugc noopener noreferrer">https://www.neighbourhood.com/looniehour</a></p><p><br /></p><p>Check Out True North Mortgage's 40-Year Amortization Plan:</p><p>Visit <a href="https://www.truenorthmortgage.ca/" target="_blank" rel="ugc noopener noreferrer">https://www.truenorthmortgage.ca/</a> today!</p><p><br /></p><p>Schedule an exploration call with IceCap Asset Management: <a href="https://icecapassetmanagement.com/contact/" target="_blank" rel="ugc noopener noreferrer">https://icecapassetmanagement.com/contact/</a></p><p><br /></p><p>✉️ Media &amp; Real Estate Inquiries: <a href="mailto:steve@stevesaretsky.com" target="_blank" rel="ugc noopener noreferrer">steve@stevesa