Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.
This morning we have further confirmation of slowing growth and rising unemployment in Canada. As discussed, this is likely to aggravate insolvencies and prompt the Bank of Canada to cut its policy rates in 2020. And as expected, the loonie is giving back much of this week’s rebound against the greenback on the news. See: Biggest Job Losses since 2009 Tests Canadian resolve on Rates.
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