Economy
In this Q4 Strategy Outlook, we discuss where we stand on our recession call, the outlook for stocks and bonds in various scenarios, why investors are misunderstanding the impact of AI on corporate profits, whether the US dollar has entered a structural downtrend, our perspective on the yen, gold and other commodities, and much more.
Carney Meets Trump As Canadian Economy Wobbles…
The K-shaped economy aptly describes the bifurcation between low- and high-end households but it’s not something investors should celebrate if they want the expansion to continue.
Our Portfolio Allocation Summary for October 2025.
Shutdown Halts Jobs Data, Alternatives Show A Weak September…
ADP Confirms Slowing Employment Growth…
ISM Beat Hides Weak New Orders And Hiring…
RBA Holds at 3.6%, Signals Caution On Higher Inflation…
JOLTS Data Confirm Loosening Labor Market…
Weak Consumer Confidence Points to Softer Jobs Report…