We will not return to our pre-crisis state but to a world of slower growth
It’s a good news, bad news scenario: compared with past downturns, this recession is not a particularly bad one for Canada. That’s the good news. The bad news? The recovery is expected to be slow in coming, with unemployment remaining relatively high for a number of years. Most economists expect the jobless rate to move […]
Worst-case scenarios would take a weighty toll on the world economy
Economic optimism remains at historically low levels
Economy working its way through “five waves of weakening”
Roubini expects corporate earnings to be weaker than expected throughout the rest of the year
Ongoing improvement in growth conditions will be reliant on fixing the global banking system
Stage set for sharp recovery in stocks
Lack of progress in other countries dims economic outlook
Slow recovery expected to take hold next year