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The release of Q1 GDP pushed growth to a very slight negative number (-0.1% vs Bloomberg consensus +1.5% q/q AR), after a downwardly revised Q4 print. Lots of skeptical commentary...
The 2026 recession is here. You feel it. I feel it. GDP is growing, but the cost of living is rising, affordability is at a multi-decade low, and consumer sentiment […]
Tons of politically motivated commentary in Canada about the implications of 2 consecutive quarters of negative GDP growth and a “technical recession” [1], even though it’s clear m...
Not by me, but by Jeffrey A. Tucker, today: In 2024, Brownstone Institute commissioned a study (by E.J. Antoni and Peter St. Onge) that concluded that we have never really entered...
From Francesco Furno and Domenico Giannone, continuously updated risk assessment, at https://recessionrisk.com/ (discussed previously in this post). The dashboard refreshes automat...
Business & investing: The lucky country is being buffeted by some of the most serious economic headwinds in decades
The annual Fed stress test modeled $708B in losses and found that all 32 banks stayed above minimum capital levels.
The luck of the draw in your career. The post The Housing Market Recession appeared first on A Wealth of Common Sense. ...
Harris & Partners analysis of 6,500+ survey responses reveals households were already cutting back and under stress
From today’s Daily Commercial News, “A recession has been often defined as two consecutive quarters of negative growth, and so on that definition, Canada is in a recession,” [Micha...
Consider Germany over the last five years: Figure 1: German GDP (blue), and employment (red), both in logs, 2022Q3=0. Source: OECD via FRED, and author’s calculations. For the peri...
An analyst noted that Canada is the only G7 country currently in a recession: 'Unemployment is up. Inflation is rising. Food insecurity is at a record high.'
Alan Greenspan was revered in the 1980s and 1990s for supporting the stock market, but retrospective views cloud his legacy.
Survey finds financial worry eroding confidence, job security and focus at work
The Canadian economy is officially in a technical recession, but at least one Big Six bank says we’re not there. At least, right now. Statistics Canada (StatCan) data shows real gr...
Some saw the Federal Reserve chair as a driving force for change at the Fed and a guiding light for investors, even as the 2008-09 global financial crisis clouds his legacy.
GDP declines 0.1% as trade uncertainty, tariffs and falling investment pressure economy
Canadian economic data will be volatile as the government works on a broader transformation of the economy, Prime Minister Mark Carney said in response to last week’s gross domesti...
By Jeanne Sahadi, CNN (CNN) — The United States is not in a recession, but the normal economic cycle means it will be at some point. Exactly when is hard to predict. A nationw...
Beyond the optimistic headlines, some economists argue that the Canadian economy is barely scraping by
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