Global economic activity is showing signs of building momentum
Craig Fehr, Canadian market strategist for Edward Jones, highlights several trends leading to growth and increasing stability in 2014. Fehr runs through economic indicators impacting markets in the U.S., Canada and globally. He spoke at the TMX Broadcast Center in Toronto.
Doug Porter lists five ‘fearless’ predictions for 2014
Quebec will lag national growth rate
Mid-single digit returns forecast for Canadian and U.S. equity markets in 2014
Expansion of the U.S. economy should help Canadian exporters
British CFAs are the most upbeat about their national economy
The bank is forecasting real GDP growth in Canada of 1.7% in 2013, 2.6% in 2014 and 2.7% in 2015
Canadian dollar is expected to depreciate against the U.S. greenback
The main threats to growth include Fed tapering, fresh setbacks in the eurozone and the risk of deflation