Canadian Economy Heads Down

Canadian Economy Heads Down

It seems that recovering from Dutch Disease is harder than previously thought. An economy that is highly dependent on its oil revenue to grow and balance its external payments, has to display much more flexibility in order to weather the bear markets that took over...
US Job Growth Strengthens But Fed Not Budging

US Job Growth Strengthens But Fed Not Budging

US job growth beat expectations once more during the month of July, adding 255,000 payrolls. This puts a dismal May report behind – although it was revised up to 29,000 from 11,000 – and it shows continuation from the now revised 292,000 June job report. Nevertheless,...
An Elusive 2%

An Elusive 2%

Consumer spending in the US is up, and even surpassed estimates during the month of June. This economic activity that underpins 70% of the US economy, is now clearly showing a rising trend. So much so that it is affecting savings negatively, yet it has failed to bring...

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