Business sentiment remains positive, reveals the Bank of Canada’s business outlook survey (BOS), and that supports the potential for a rate hike next week. Read: Rates to rise starting next week: big five banks The BOS indicator, which summarizes the main survey responses, has almost returned to its summer peak. “In particular, strong expected input […]
Will 2018 see a market correction?
How well did markets fare in 2017? Morningstar Research Inc.’s preliminary 2017 performance report reveals that 41 of its 44 Canada fund indexes increased during the year, 12 of them by 10% or more. (The Canada fund indexes measure aggregate returns in various categories.) The best performer was the one that tracks the Greater China […]
The question on everyone’s mind is: can the markets sustain their 2017 performance in 2018? Read: Synchronized global growth favours equities, but risks lie in wait Certainly, it’s been “a drama-free, banner year for equities,” says BMO chief economist Douglas Porter in an economics report. “The S&P 500 never saw so much as a 3% […]
There’s reason for investor optimism in 2018—so long as it’s tempered with caution. Read: Synchronized global growth favours equities, but risks lie in wait That message comes from Nigel Green, founder and chief executive of deVere Group. In a release, he says 2017’s “steady and climbing markets” will continue into the new year. “However, investors […]
The economic cycle is long in the tooth, but growth in Canada and the U.S. should remain strong until 2020, forecasts Desjardins in an outlook report. The bank forecasts strong growth in 2018 and 2019, but, thereafter, “there will be greater risk of an economic slowdown as the current cycle matures.” The result: monetary tightening […]
Forces driving the economy will change next year, says the bank
Global growth continues to drive markets, and Japan is no exception. “Against all odds, the [Japanese] economy is surprising on the upside,” says CIBC deputy chief economist Benjamin Tal in a weekly economics report. “Against the odds,” he says, because Japan has an aging population. Read: Looking at real estate? Go global However, an influx […]
89% think they should be allowed to bring any legally purchased product from one province to another.
Rising rates aren't among the culprits