Canadian economy forecast to grow by 2.7% in 2010
Canadian exports will tumble by 21% in 2009 and activity levels will remain low in 2010, as growth will be a relatively meager 6.6%
Firm recommends that there’s “enough upside” ahead to justifying staying in stocks
Although the economy is pulling out of an unprecedented recession, it is expected to be sluggish, it says
BetaPro survey reveals that the percentage of advisors bearish on the S&P/TSX 60 has almost doubled
Restructuring and credit issues, combined with overreaction to growth on the Bank of Canada’s part, could stifle Canada’s economic rebound
Economists at Merrill Lynch are sharply boosting their U.S. GDP growth forecast for the latter half of this year and next year.The brokerage firm says it now expects quarter over quarter growth in the second half of 2009 to reach 2.7%, a huge upward revision from its previous forecast of 1.4% growth, and well above […]
Commodity price rebound, fiscal stimulus funds bear fruit
Canada expected to remain in recession through the third quarter
The latest survey from the Securities Industry and Financial Markets Association’s Economic Advisory Roundtable finds that most market players don’t expect the U.S. central bank to alter interest rates just yet.The group released its outlook for 2009 and 2010, forecasting that the U.S. Federal Open Market Committee will not change its current 0.0% to 0.25% […]