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Showing posts with the label canadianeconomy

New lows on the horizon as recession looms

Tony Dwyer, chief market strategist at Canaccord Genuity, joins BNN Bloomberg joins BNN Bloomberg for his view on the stock market as he notes cyclicals are underperforming in 2023, while mega tech stocks experience a rally. Dwyer says investors should keep an eye on choppiness given 'something in this cycle will be unequally wrong'. Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing If a recession occurs, the market will face new lows The global economy has been hit ha

Signs of Impending Recession Evident in Forward Looking Indicators

Bryden Teich, partner and portfolio manager at Avenue Investment Management, joins BNN Bloomberg to discuss his outlook for markets and where he sees investing opportunities. He looks at high quality businesses that are in a good position to maintain their profitability while at the same time using their cash flow to repurchase shares. Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The world economy has experienced significant growth and stability in recent years, but recent

The Current State of Canada's Economy: Already in Recession

If you listen to your average Canadian politician, you’re probably going to be hearing a lot about how Canada is on track for an economic “soft landing” and that we’re going to avoid the bank failures and other financial calamities currently striking the United States. But Canada is definitely heading into a recession. In fact, we’re already there. Subscribe ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Why Canada is Already in Recession As the global economy faces uncertain times due to the ongoing COVID-19 pandemic, several countries have experienced a substantial decline in economic growth. Canada, known for its robust economy, is not immune to this downturn. In fact, many economists argue that Canada is already in a recession, and here's why. Firstly, the collapse of oil prices has severely impacted Canada's economy, particula