A third of economists expect a recession to begin in the April-June quarter
Unlike past episodes, strong recovery not likely to reignite world economy, Fitch says
Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports
Already up, defaults are expected to reach historic norms in 2023
Steadier natural gas prices contributed to the improved outlook
Interest rates are expected to remain at or above 4% in both Canada and the U.S.
Post-pandemic demand surge to give global GDP an assist too, Goldman Sachs says
The goods deficit narrowed in December while trade stayed in surplus for the full year
Growth forecast largely unchanged, inflation expectations edge up
Rating agencies see credit challenges growing as macro conditions hit company finances