The outlook for global growth is down
In an era of growth, stocks that are defensive at a reasonable price offer opportunities
The unemployment rate remained at 3.7% for a second straight month, the government said Friday
This is down from a 3.1% gain in the first quarter
But gains are expected to be smaller the rest of the year
For the U.S., the data don't support a pending Fed rate cut
Canada posted its weakest back-to-back quarters since 2015
Projections for Canada's growth were lowered in two reports
Challenges come from oil and gas sector, labour market
For the year, economists believe GDP will expand 2.4%, down from last year's 2.9% gain