On January 21 when the Canadian Central Bank unexpected slashed interest rates, I wrote Canadian Recession Coming Up. Following the rate cut, the yield curve in Canada inverted out to three years. Inversion means near-term interest rates are higher than long-term rates. I saw no other person mention the inversion at the time.
BING NEWS:
- What is a recession? The economic concept explained. What causes and happens during one.
A recession is "a contraction in economic activity," according to experts. During a recession, there is a range of decline spread across the economy.
04/22/2024 - 11:25 am | View Link - Financial experts see lower recession risk, slower rate cuts: BoC survey
In the survey, the median expectation for real GDP growth rose slightly, while expectations for a recession in the next six months dropped.
04/22/2024 - 8:24 am | View Link - Worried About a Recession? History Says to Do This 1 Thing
Investors expected the economy to tip into a recession, sending stock prices sharply lower in 2022. However, both the S&P 500 and the Nasdaq Composite Index have been on an impressive run since the ...
04/21/2024 - 10:25 pm | View Link - Don't ignore threats like inflation, recession, and war, warn Wall Street's biggest bosses
JPMorgan's Jamie Dimon, Goldman's David Solomon, and Citi's Jane Fraser caution that the economy still faces plenty of headwinds.
04/20/2024 - 12:03 am | View Link - Billionaire investor Ray Dalio says he's owning gold to hedge the risk of debt and inflation crises
The risks of debt defaults and inflation boost gold as an investment, Dalio said. The precious metal has hit record levels in 2024.
04/19/2024 - 5:14 am | View Link - More
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