Investing (Canada) Canadian banks decouple from one another as economic cycle wanesfinancialpost.com - Victor Ferreira Three Canadian banks are retesting the floors they reached in December, decoupling from the rest of the Big Six in what analysts say is a sign of …
Inflation hits Bank of Canada 2% target for second straight monthctvnews.ca - Andy Blatchford OTTAWA -- Canadian annual inflation came in at two per cent in July to hit the Bank of Canada's ideal target for a second straight month. Compared …
Is a global recession coming? Here's why analysts are worriedctvnews.ca - Graham Slaughter Even if you don’t pay close attention to the stock market, Wednesday’s news may have caught your attention. The main stock indexes in Canada and the …
Economists still think Bank of Canada will keep interest rates on hold, bucking global easing trendfinancialpost.com - Bloomberg News Most economists aren’t budging in their prediction Bank of Canada Governor Stephen Poloz will hold interest rates steady for at least another …
Keynesian economics: is it time for the theory to rise from the dead?The Guardian - Larry ElliottJohn Maynard Keynes penned his General Theory in 1936. Faced with the upheaval of 2016, what would a cryogenically frozen Keynes do? Imagine this. In late 1936, shortly after the publication of his classic
Bond yields plunge, stoking fears of global recessionThe Globe and Mail - Tim ShufeltBond markets are sounding an alarm that the risk of a global recession is rising. As the China-U.S. trade dispute puts the health of the global economy into question, bond yields on government debt around
World economy headed for its first recession in a decade amid deepening trade dreadfinancialpost.com - Bloomberg News The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding …
Investing (Canada) Canadian yield curve inversion dives to deepest level since 2000financialpost.com - Bloomberg News One segment of Canada’s government-bond yield curve reached its most inverted level since 2000 as traders added to bets the nation’s central bank …
William Watson: Sorry Mr. Trump, the Phillips Curve is alive and wellfinancialpost.com - William Watson Critics of the U.S. Federal Reserve, including conservatives, populists and one D. Trump, argue the Fed is wed to the dead doctrine of the Phillips …
US economic growth slows in second quarter as trade disputes take tollThe Guardian - Dominic RusheUS economic growth slowed in the second quarter of 2019 as trade disputes and a global slowdown took their toll, the commerce department announced on Friday. Revised figures from previous quarters showed
Sell everything ahead of stock market crash, say RBS economistsThe Guardian - Nick FletcherRoyal Bank of Scotland warns of ‘cataclysmic’ year with slumps in shares and oil and advises clients to shift to bonds Investors face a “cataclysmic year” where stock markets could fall by up to 20% and
Canadian Economy March GDP data suggest Canadian economy ‘on the path for a hearty rebound’The Globe and Mail - David ParkinsonThe winter deep freeze in the Canadian economy is showing signs of thawing, as an upbeat March sent the strongest signal yet that the country is rebounding from its two-quarter stall. Statistics Canada
OECD The middle class is shrinking, generation by generationQuartz - Eshe NelsonAcross Western Europe and North America, the middle class is shrinking, according to a new report by the OECD. With each new generation, a smaller share of the population find themselves earning middle
Canadian dollar could sink to record low of 62 cents as economy slides closer to recession, says David Wolffinancialpost.com - Bloomberg News The Canadian dollar may sink back to its record low of 62 U.S. cents as the country retrenches from a consumer-spending boom into the face of a …
Bank of Canada holds interest rate steady but some suggest a rate cut could be back on the tablecbc.ca - Pete Evans Canada's central bank has decided to keep its benchmark interest rate at 1.75 per cent, and says the timing of possible future hikes has become …
CIBC CIBC sees Canadian dollar falling to 15-year lows — that’s 71 centscalgaryherald.com - Bloomberg News Updated: February 20, 2019 The Canadian dollar may need to fall to the lowest levels in at least 15 years to allow exporters to drive the nation’s expansion, according to CIBC …
U.S. Treasury U.S. stocks face ‘biggest December fall’ since 1931 as world stocks, oil price tumblesGlobal News - By Dhara Ranasinghe World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. …
IMF warns of looming financial crisis, says world is woefully unprepared to handle itCBC News - Jonathon Gatehouse Welcome to The National Today newsletter, which takes a closer look at what's happening around some of the day's most notable stories. Sign up here …
Dow dives nearly 800 points on fears of economic slowdownABC News - Soo Youn The Dow Jones Industrial Average plunged on Tuesday amid fears of an economic downturn, led by disappointing bank earnings and unresolved trade …
Brexit ‘A failed, second-tier Canadian politician’: Mark Carney’s dire Brexit warnings earn the wrath of British politiciansThe Globe and Mail - Paul WaldieMark Carney rarely shies away from expressing strong opinions, but the Governor of the Bank of England is facing a backlash over a blunt Brexit analysis that has led to calls that he’s hysterical, incompetent
Federal Reserve Warns of ‘Particularly Large’ Market DropFortune - Chris Morris The Federal Reserve, in its first-ever financial stability report, warned of several risks to financial stability Wednesday that it said could result …
Bank of Canada to review policy framework, hints at big changesReuters Canada - David LjunggrenOTTAWA (Reuters) - The Bank of Canada will review its monetary policies and is open to making major changes, including a move away from its long-standing practice of targeting inflation, a senior official
Brace yourselves — the global rout in stocks is getting worsefinancialpost.com - Bloomberg News U.S. stocks fell Tuesday as sinking oil prices hit energy companies, tech hardware continued to plunge with Apple Inc. leading the way, and retailers …
Global economy strong enough for stimulus to be 'steadily withdrawn’, says Bank of Canada’s Stephen Polozfinancialpost.com - The Canadian Press OTTAWA — The governor of the Bank of Canada says after a decade of low-interest rates around the world the global economy has reached stronger …
Seattle is a guinea pig for $15 minimum wage. Here's what the latest research showsCNN - By Lydia DePillis, CNN BusinessWashington(CNN Business) — As states and cities have forged ahead in raising their minimum wages, early evaluations have found fears of widespread job loss to be mostly unfounded. It's been less clear,
Nobel-winning economist Joe Stiglitz on how the US economy became a "rigged, inherited plutocracy" and how to fix itboingboing.net - Cory Doctorow Writing in Scientific American (!), Nobel-prize-winning economist Joseph E Stiglitz (previously) describes the US economy as an "inherited plutocracy" …
Icon version of the Flipboard logo Interest rate could hit 6% by 2020wealthprofessional.ca Interest rates could hit 6% by 2020, according to Moody’s Analytics. The prediction, using RPS data, is based on policymakers realizing plans to quell …
The Drilldown: Iran sanctions could push oil over US$100ipolitics.ca - By James Gragg Reilly. Published on Sep 24, 2018 12:06pm Oil prices could shoot past US$100 per barrel by late 2018, as sanctions on Iran sink in, oil merchants Trafigura and Mercuria said Monday at the …
Canadian borrowers will feel this week's U.S. interest rate hike: Don Pittiscbc.ca - Don Pittis Markets are so certain that U.S. Federal Reserve chair Jerome Powell will raise rates this week that a failure to hike would likely have worse …
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