Economy

No quick fix for eurozone problems

Blog Polls All eyes are on the European Union as it deals with a sovereign debt crisis so potentially disastrous that “the weave that is the European Union is being torn apart at its periphery,” in the words of Dennis Gartman, the influential editor of The Gartman Letter. “These problems are cultural, they are structural, […]

By Brenda Craig |February 26, 2010

4 min read

Canada seen as ‘safe harbour’ for investors

Advisor.ca Poll • • • Blog Polls • • • When the financial crisis first hit in the fall of 2008, many were shocked at how much damage the U.S. mortgage market could inflict. Thanks to leverage and disintermediation, the sub-prime lending market took out hedge funds and investment banks, sent the U.S. economy to […]

By Steven Lamb |February 11, 2010

2 min read

Buckle up for bumpy recovery: Scotia

The global economic recovery is in the works, but it will not be a smooth ride according to a report by Scotia Economics entitled Liftoff Achieved, But The Flight Path Will Be Turbulent. The report repeats a now familiar refrain: the recovery has been led by high-growth emerging markets, most notably, China. The U.S. and […]

By Steven Lamb |February 3, 2010

3 min read

Growth will tail off in second half: CIBC

The North American economy may be advancing at present, but there is a real risk that policymakers will get the timing wrong, withdraw stimulus and choke off growth, according to economists at CIBC World Markets. Government spending and record low interest rates may be all that’s keeping the economy growing at this point in the […]

By Steven Lamb |January 14, 2010

3 min read