Economists lower crude oil price forecast to US$50 a barrel
Move to cut withdrawal requirements on RRIFs meets with praise
Large caps will outperform small caps in challenging economic environment
Economists at Morgan Stanley say that aggressive policy actions should mean the global economy avoids both depression and deflation.“In recent weeks, a policy vacuum in Washington and terrible economic news had increased the ‘tail’ risks of prolonged recession and deflation. Not surprisingly, comparisons between the current crisis and the Great Depression or Japan’s Lost Decade […]
Canadian government expected to move into deficit in 2009, 2010
No meaningful pick-up in GDP growth until the latter part of 2009
Canada should avoid U.S.-style bust
Equity investors eye U.S. corporate profits
Global growth could fall below 1% if demand continues to fall, Drummond warns
Core CPI inflation is likely to drop sharply throughout the G7 over the next 12-24 months