Businesses brace for rising profit pressures
Almost a third expect inflation, supply, employment issues to bite in months ahead
- By: James Langton
- May 30, 2022 May 30, 2022
- 16:31
Almost a third expect inflation, supply, employment issues to bite in months ahead
Moody's cut its forecast due to virus concerns and property market turmoil
Higher energy prices drove the strongest goods surplus since the financial crisis
Research published by the World Federation of Exchanges finds stressed markets in March 2020 were calmed by trading halts
As services sector reopens, employers face tight labour markets
Home prices are up 27% since the financial crisis
Moody's cuts expectations amid ongoing headwinds
Opportunities for growth lie ahead
Wealth management income was down in the quarter
Analyst says results could lead to negative earnings revisions around fee income growth in wealth management
Output turned negative in several major economies amid supply challenges
Mutual funds saw net redemptions in April while ETF sales stayed positive, IFIC reported
The benchmark index was down 2% for the day in afternoon trading
A new survey by the Conference Board of Canada indicates consumer confidence decreased 11.7 points in May
Credit card debt rises for second straight month, outpacing mortgage growth
Certain factors will assist monetary policy
Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist
Record levels of construction continue to push new home prices higher year over year
Shareholder support for "say-on-pay" votes at record low level
Russell Investments Canada releases its seventh annual Value of an Advisor study