Stronger exports and consumer spending helped restore GDP
CIBC's chief economist says a longer period of negligible growth may be necessary
The bleak projections come as central banks around the world raise interest rates to tame inflation
The poor performance was the second consecutive quarter of economic contraction
Some banks expect third-quarter growth of about 1%
Avoid stocks with a high level of sensitivity to the economy
The outlook doesn't qualify as a recession, but it will feel like one, report says
The market will reward resilient growth names, PM says
All G7 countries are now at, or above, pre-pandemic output levels
The second straight quarter of economic contraction is an informal sign of recession