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Monthly Archives: May 2020
Marks: Fed won’t offset “very substantial distress episode”
Worthwhile discussion in this segment. Fed liquidity can stall defaults and bail out some market participants, but not all, and not indefinitely. Marks expects a slow and halting recovery from the coronavirus pandemic and says “there will be plenty” of … Continue reading
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Danielle’s biweekly market update
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.
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Canada’s financial sector due for more drubbing
Last August I explained that oil and credit strains were set to lead Canadian banks and the broader TSX lower: Make no mistake: as the energy and realty sectors stumble, so do the banks. Down over 4% this month, Canadian … Continue reading
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