Monthly Archives: June 2025

Bank of Canada waits for financial pain to worsen

Posted on June 5, 2025 by Danielle Park

Yesterday, the Bank of Canada (BoC) held its overnight rate target at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. They did not ease monetary conditions while noting that domestic demand remained flat and the labour … Continue reading →

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Dark factories

Posted on June 4, 2025 by Danielle Park

The idea that re-shoring manufacturing will increase good-paying jobs in North America faces some challenges from automation. Corporations focus on profit margins, so where machines are more efficient than human labour, automation will win out. Factories have been transformed by … Continue reading →

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Rising stocks and contracting economies–foreboding financial setup

Posted on June 3, 2025 by Danielle Park

China’s Caixin purchasing managers’ index unexpectedly fell in May to 48.3 (sub-50 signals contraction) as US tariffs took a toll on smaller exporters. The consensus had expected the gauge to improve, not worsen. At the same time, US manufacturing activity … Continue reading →

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