Economic Indicators

Decorative pattern

Economic Indicators

Large caps to lead in 2009: TD’s Gorman

Investors can expect North American stock indices to rise in 2009, but they’ll have to put up with more volatility before the markets find a firm footing, according to an early year-end prognostication from TD Waterhouse. “Looking ahead to 2009, the key questions on the minds of investors are when the heavy volatility will end, […]

By Steven Lamb |November 28, 2008

3 min read

Decorative pattern

Economic Indicators

Flaherty offers more restraint than stimulus

Giving his economic mandate in the midst of a global financial meltdown, Federal Finance Minister Jim Flaherty warned that the prospects of economic growth were the lowest since 1993 and that Canada could face a deficit — but not a structural deficit. Resisting the opportunity to turn an economic update into a mini-budget — as […]

By Scot Blythe and Steven Lamb |November 27, 2008

3 min read

Decorative pattern

Economic Indicators

Economy braces for deflation

High inflation strikes fear into the hearts of many economists, but its polar opposite, deflation, can be a far scarier beast as it heralds a full-out decline in asset prices, which kill productivity and growth. It appears that prices in the U.S. have indeed shifted into reverse gear, likely leading to a period of deflationary […]

By Mark Noble |November 19, 2008

4 min read

Decorative pattern

Economic Indicators

Depression comparisons unwarranted

Despite repeated comparisons to the Great Depression, the current financial crisis is unlikely to result in anything so dramatic, according to one senior ratings agency executive. The coordinated action taken by central banks and stimulus packages offered by governments should help to guide the world economy into a period more similar to the banking panic […]

By Steven Lamb |November 18, 2008

4 min read