Daily Archives: April 14, 2022

Higher costs weighing on Canadian households

Posted on April 14, 2022 by Danielle Park

The Bank of Canada doubled its overnight lending rate this week to 1% and is expected to move it above 2.5% by year-end. The interest cost on floating rate loans moves with the BOC rate, so each .50% increase adds … Continue reading →

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Rosenberg and Pomboy Part 2: Market Hell Ahead?

Posted on April 14, 2022 by Danielle Park

Building off of their analysis in Part 1 of this interview, David Rosenberg & Stephanie Pomboy continue explaining why a recession looms dead ahead, one likely to be accompanied by serious downward corrections in stocks, bonds (except long-dated US Treasurys), … Continue reading →

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