Every past economic downturn has lead to lower profit margins
BCA Research insists that the cyclical uptrend in global equities is not over, despite recent weakness.“Credit market turmoil is rapidly curbing investor risk appetites and presenting an ongoing threat for equity markets,” the independent research firm says in a research brief. “However, the overall global macro backdrop remains decent, liquidity is still abundant and valuations […]
Global economy has important sources of resilience
Economic and trade developments have grown much faster than expected
Spread between 10-year and 2-year Treasuries widens
Slide in greenback stokes inflation fears
Deputy governor offers no word on rate cuts
Prospects for corporate strategic deals should should boost equity markets
Concern growing over corporate credit
U.S. Treasuries, Canadian bonds to feel the heat of rising short-term rates