Both mortgage and non-mortgage debt grew at slower rates in July, StatsCan reported
Prices for industrial and raw materials eased, led by energy products
Portfolio inflows resumed in July after a lull in June
Textiles down 13.2%, machinery up 1.6%
Despite the drop, the statistics still represent historic highs, according to economist
Stock prices tumbled and bond yields rose as many investors feared a more aggressive Federal Reserve
The slowdown was primarily driven by a sharp contraction in China, the OECD reports
There was about $1.82 in credit market debt for every dollar of household disposable income
Corporate profits tend to forecast economic downturns
Economy has ‘hit a pothole’