Economy

Decorative pattern

Economic Indicators

Recovery slow, but sustainable

Investors worried that the market’s recovery ended in October should remain calm but cautious as the coming year will see a sustained economic recovery in North America, according to the chief investment officers at one transnational private bank. Momentum is driving the market, and since July, that has been tilted in favour of bulls, says […]

By Steven Lamb |November 4, 2009

3 min read

Decorative pattern

Economic Indicators

Expect a slow recovery, says Goodman

“A bird in the hand is worth two in the bush,” says Ned Goodman, quoting from one of Aesop’s fables, at Monday’s luncheon conference at Toronto’s National Club. “It’s my valuation tool for almost anything,” he says. In other words, better to have a sure thing than take a major gamble. Goodman, benefactor of the […]

By Sarah Snowdon |November 3, 2009

4 min read

Decorative pattern

Economic Indicators

Recovery can’t last: Rosenberg

Hold onto your hats and grab your anti-nausea meds. If David Rosenberg is right, the latest correction isn’t over, not by a long shot. Rosenberg — called “the man with crystal balls” by Gluskin Sheff & Associates, the firm that appointed him chief economist and strategist earlier this year — says the current market rebound […]

By Kate McCaffery |September 23, 2009

4 min read

Decorative pattern

Economic Indicators

Canadian recovery to lead G7: CIBC

The Canadian economy will outperform the rest of the G7 next year, but there’s little cause for celebration, according to a report from the economics team at CIBC. Domestic strength will be counterbalanced by soft export markets, resulting in an anemic growth rate of just 2%. Government stimulus will play a role in the recovery, […]

By Steven Lamb |September 11, 2009

2 min read

Decorative pattern

Economic Indicators

Recovery will reshape the world: Scotia

Chalk one up for John Maynard Keynes. Massive government stimulus has had the desired result, spurring economic growth around the world and ending The Great Recession of 2008-2009, according to an economic report from Scotiabank. The world’s largest centrally planned economy, China, is set to lead the global recovery, with the U.S. — home to […]

By Steven Lamb |September 2, 2009

4 min read

Decorative pattern

Economic Indicators

Recession draws to a close

After 10 consecutive months of decline, Canada’s gross domestic product showed a glimmer of hope in June with a 0.1% rise in GDP. And there’s plenty of evidence that growth continued through July and August, according to report by Dr. Sherry Cooper, chief economist of BMO Capital Markets. Canada’s economy fell at an annualized rate […]

By Rayann Huang |August 31, 2009

2 min read

Decorative pattern

Economic Indicators

Get tough on inflation, BoC told

The Bank of Canada should rethink its inflation targets, focusing on maintaining stable prices at a much lower level, according to a study released by the C.D. Howe Institute entitled How Flexible Can Inflation Targeting Be? Suggestions for the Future of Canada’s Targeting Regime. Hailing the Bank’s inflation-targeting regime as a success, Thorsten V. Koeppl, […]

By Steven Lamb |August 27, 2009

3 min read

Decorative pattern

Economic Indicators

Rates to stay low through 2010: CIBC

It is becoming increasingly popular to declare the recession dead, but that does not mean North Americans will enjoy a massive economic upswing any time soon, according to analysts at CIBC. Slow growth in both the U.S. and Canada will keep inflation in check, allowing the Bank of Canada to maintain its easy-money policy of […]

By Steven Lamb |August 25, 2009

3 min read

Decorative pattern

Economic Indicators

Recovery in the offing, timing debatable

What was initially dubbed “The Great Recession” appears to be drawing to a close, about nine months after it was first recognized. The U.S. economic downturn, which cascaded around the globe, officially began in December 2007, but that start date was only announced a year later. It has been the longest and deepest recession since […]

By Steven Lamb |August 24, 2009

3 min read

Decorative pattern

Economic Indicators

Preparing for greenback devaluation

Rallying stock markets and the nascent economic recovery have renewed concerns about the valuation of the U.S. dollar. There is a growing perception that the greenback will likely see a pullback in value as things improve — which will impact the foreign holdings of Canadian investors. The U.S. dollar’s role as the world’s reserve currency […]

By Mark Noble |August 20, 2009

5 min read

← Previous 1 … 744 745 746 747 748 … 755 Next →