Fixed income investors harbour a gloomy outlook for the year ahead, according to a survey by Fitch Ratings.The rating agency noted that money managers are expecting that either a deep, or very deep, recession will grip the U.S., Europe and emerging markets over the coming year. It also found that they believe the economic downturn […]
All provinces are expected to bounce back in 2010
Future prosperity depends on policies that incorporate flexibility to allow businesses to seize opportunities as they arise
Contraction of 2% will result in the loss of 15,000 jobs in the province this year
Institutional investor hopes are higher than at any point since start of credit crunch
Decisions taken in U.S. and in other major economies will be critical
Credit markets may have led on the way into the recession, but they are likely to lag on the way out, according to economists with Morgan Stanley.“Banks, in their lending activities, have rarely ever been leaders in economic or market cycles, but are usually followers. Credit growth can be a powerful accelerator in economic expansions […]
Weakness in the oilpatch will punish Alberta’s economy this year
Waves of layoffs and closures at car and truck plants may continue, despite billions in government assistance
Despite the gloomy economic forecasts for much of the country, Nova Scotia is well positioned to weather the economic storm