Fed decision soothed fears of inflation
Despite unprecedented levels, many households may be forced to raise their conventional savings to meet their long-term goals
U.S. and Chine could easily put the S&P/TSX under pressure in the coming weeks
UBS Securities LLC has raised its S&P 500 target to 1,450 from 1,400.“We expect a broad rally by year end. We think industrials, financials, and healthcare are the most attractive sectors. We now see opportunity in tech, but we remain cautious on consumer discretionary,” the firm says in a new report. The report argues that […]
Measures to slow Chinese economy beginning to bite
Correlation between housing and GDP has diminished, says UBS Securities Canada
Uutlines several several areas of concern regarding financial systems
Contracting manufacturing exports and a pullback in oil and base metal prices will hurt Canada
Real GDP in Q2 slightly weaker than anticipated
But Canada is expected to escape unscathed because of its status of net exporter of natural resources