The Bank of Canada press conference yesterday finally admitted facts about Canada’s housing market: “The housing market is looking weaker, and weaker than we had incorporated into our January outlook.
With higher oil prices expected to impact inflation, financial markets shifted from anticipating rate cuts to considering the possibility of rate hikes in Canada. In response, longer-term bond yields ...
Every cycle is a little different, but similar developments have marked the onset of past recessions and bear markets. Oil price spikes reduce economic demand, partly because they tend to keep ...
In February, the Canadian economy ‘unexpectedly’ lost 83,000 jobs, the most since January 2022 (shown below since 2020), driving the unemployment rate up to 6.7% after a 25,000-job loss in January.
The banks are involved because they lent to everybody in the loop, which is why the JP Morgan CEO has been warning about cockroaches for the past few months. See, JPMorgan Chase reins in lending to ...
Oil and gas prices are rapidly rising around the world amid the U.S.-Israel war with Iran. Andrew Chang explains what’s driving the surge and why predicting the next moves in the oil market is so ...
Energy producer profits and government natural resource royalties rise alongside oil prices, and this is true for Canada and the U.S. as oil exporters. In Canada, the sector is smaller than a decade ...
We receive a pretty steady stream of inquiries each year from people who hear Danielle speak, read her writings, find their way to this blog and then wonder if we offer asset management services. The ...
Moreover, today, inflated prices are global, with equity valuations at historic highs across all major markets (the 12-month forward price-to-equity multiple, shown below in orange, versus the median ...
Utilities analysts are having a moment as the energy sector gets a boost from AI. With an extra 94 gigawatts forecast to be needed by 2030 to power all these data centers, energy investment has become ...