Category Archives: Main Page

Stock market likelihood is lower for longer

Posted on October 30, 2023 by Danielle Park

The average time from a yield curve inversion (long-interest rates below short) to the onset of recession has been ten months historically, ranging from 11 to 22 months. October marks the eighteenth month of curve inversion this cycle. Moreover, since … Continue reading →

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Canadian recession is here

Posted on October 27, 2023 by Danielle Park

David Rosenberg, founder & president of Rosenberg Research and Ed Devlin, founder of Devlin Capital, senior fellow at C.D. Howe Institute and former head of Canadian portfolio management at PIMCO, join BNN Bloomberg to discuss their economic outlook. They say … Continue reading →

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Luxury losing its luster

Posted on October 26, 2023 by Danielle Park

What about wealthy people not being hurt by higher debt payments? Nonsense, as usual! As financial markets tumble, luxury spending follows. The slowdown is ubiquitous, folks. CNBC’s Robert Frank reports on spending pull backs from the luxury consumer and what … Continue reading →

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