economic forecasts – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Wed, 11 Oct 2023 16:51:34 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png economic forecasts – Advisor's Edge https://phoenix.advisor.ca 32 32 German government forecasts that the country’s economy will shrink by 0.4% this year https://phoenix.advisor.ca/news/economic/german-government-forecasts-that-the-countrys-economy-will-shrink-by-0-4-this-year/ Wed, 11 Oct 2023 16:51:34 +0000 https://www.advisor.ca/?p=231637 Revises April forecast, when it predicted 0.4% growth

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]]> IMF outlook worsens for a ‘limping’ world economy https://phoenix.advisor.ca/news/economic/imf-outlook-worsens-for-a-limping-world-economy/ Tue, 10 Oct 2023 14:09:57 +0000 https://www.advisor.ca/?p=231577 Mideast war poses new uncertainty

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]]> Canadian economy to get back on its feet next year: Deloitte Canada https://phoenix.advisor.ca/news/economic/canadian-economy-to-get-back-on-its-feet-next-year-deloitte-canada/ Thu, 28 Sep 2023 18:50:26 +0000 https://www.advisor.ca/?p=231255 Recovery will pick up steam in the second half of 2024, the company forecast

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]]> BoC likely done raising interest rates, despite job gains last month: economists https://phoenix.advisor.ca/news/economic/boc-likely-done-raising-rates-despite-job-gains-last-month-economists/ Fri, 08 Sep 2023 16:18:21 +0000 https://www.advisor.ca/?p=230554 Overall economic trends point to a slowdown

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]]> Expect soft consumer spending ahead, TD says https://phoenix.advisor.ca/news/economic/expect-soft-consumer-spending-ahead-td-says/ Wed, 30 Aug 2023 19:38:04 +0000 https://www.advisor.ca/?p=230243 Lofty post-pandemic outlays can't last, given higher debt servicing costs

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]]> Don’t give up on China, portfolio managers say https://phoenix.advisor.ca/investments/market-insights/dont-give-up-on-china-portfolio-managers-say/ Fri, 25 Aug 2023 16:51:11 +0000 https://www.advisor.ca/?p=230127 Targeted stimulus and consumer spending seen as keys to jump-starting economy

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]]> China faces uncertain, slower growth future https://phoenix.advisor.ca/news/economic/china-faces-uncertain-slower-growth-future/ Thu, 24 Aug 2023 18:30:05 +0000 https://www.advisor.ca/?p=230086 Traditional economic drivers have peaked, and headwinds are building, Moody's says

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]]> With U.S. economy still humming, are we facing higher-for-longer interest rates? https://phoenix.advisor.ca/news/economic/with-u-s-economy-still-humming-are-we-facing-higher-for-longer-interest-rates/ Wed, 23 Aug 2023 18:05:59 +0000 https://www.advisor.ca/?p=230028 As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints

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]]> Wholesale sales, excluding petroleum products, oilseeds and grains, down in June https://phoenix.advisor.ca/news/economic/wholesale-sales-excluding-petroleum-products-oilseeds-and-grains-down-in-june/ Wed, 16 Aug 2023 16:25:00 +0000 https://www.advisor.ca/?p=229761 Wholesale sales of selected products down 2.8% to $80.5 billion in June, with ag products leading way with 19.4% drop

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]]> Tough second half ahead for U.S. banks: Fitch https://phoenix.advisor.ca/news/economic/tough-second-half-ahead-for-u-s-banks-fitch/ Fri, 11 Aug 2023 18:43:42 +0000 https://www.advisor.ca/?p=229643 Earnings to remain under pressure as the sector faces slow growth and elevated costs

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