The possibility of higher interest rates clouds Canada’s economic outlook
U.S. debt limit will have to be raised in February or early March
Craig Fehr, Canadian market strategist for Edward Jones, discusses his outlook for 2013 and how advisors should use the start of the year to assess and rebalance their clients' portfolios to achieve their investment goals. He spoke at the TMX Broadcast Centre in Toronto.
Chief economist expects a delay before crude oil and other resources rebound in price
Interest rates not expected to rise until late 2013
Canadian economy burdened by high consumer debt
A resolution will likely be reached by mid-year
Loss of momentum heading into 2013
ECB intervention has failed to stop economic stagnation in Europe; fiscal cliff could tip U.S. into a recesession
U.S. set to outperform Canada as lower housing prices and increased savings will dampen domestic growth