The word ‘recession’ was on everybody’s lips last month, as the introduction of new tariffs from both China and the United States combined with a series of weak economic data – especially from Europe – resulted in a recession signal from the U.S....
"September begins with yet another round of tariffs between the U.S. and China as a new 15% duty on about $112 of Chinese imports is imposed. China, for its part, imposed new levies including a new 5% tax on U.S. crude oil imports. Washington and...
Canadian banks begin reporting their Q2 2019 earnings this week against an uncertain global economic backdrop. The sector is down 4.8% so far in August, underperforming the S&P/TSX by a massive 330 basis points (only health Care is worse...
"The trade war roller coaster continues to confound markets. Last Friday, President Trump said he is considering ending trade talks with China that were to resume in Washington next month......In Canada, expectations of rate cuts rose after...
Bonds continue to rally as central banks react to an uninspiring economic backdrop. Central banks in India, new Zealand and Thailand suprised markets by cutting rates by more than expected. More rate cuts are sure to come from other...
