Canada
Executive Summary Central banks are aggressively tightening policy around the world. Their ability to rein in inflation without causing a recession depends upon the level of the real neutral rates. Australia, Canada, New Zealand, and Sweden have elevated r-stars, but the picture changes…
Canadian Economy: Bending But Not Yet Breaking…
Executive Summary Our negative view on the summer rally is coming to fruition, with equities falling back on the negative geopolitical, macro, and monetary environment. China is easing policy ahead of its full return to autocratic government this fall. Yet the Fourth Taiwan Strait Crisis has…
Easing Headline Inflation Will Not Derail The BoC…
Listen to a short summary of this report. Executive Summary Chart 1The Dollar Has Broken Below The First Line Of Support
The Dollar Has Broken Before The First Line Of Support…
BoC Delivers Surprise 100bp Hike…
Executive Summary Our recommended model bond portfolio outperformed its custom benchmark index by +24bps in Q2/2022, improving the year-to-date outperformance to a solid +72bps. The Q2 outperformance came entirely from the credit side of the portfolio (+35bps), led by underweights to US…
Canadian Businesses And Consumers Expect Inflationary Pressures To Persist…
Executive Summary China: GeoRisk Indicator
China: GeoRisk Indicator…
Stronger-Than-Expected Canadian Retail Sales In April…