Sovereign debt

Recession was easy, recovery will be tough

Canada managed to navigate its way through the Great Recession of 2008 without much damage, but the time for self-congratulation may be over. There are a number of hazards on the horizon, including the withdrawal of government stimulus, rising interest rates and the stubbornly strong loonie is stifling exports. Canada—indeed, the world—still has some challenges […]

By Vikram Barhat |June 8, 2011

4 min read

Economic Indicators

U.S. politics threaten AAA-rating: HSBC

Despite a growing of risk of a credit rating downgrade, the U.S. remains in denial and unwilling to shake off its decade long fiscal laxity. Rather than cutting to address the disturbing deterioration in fiscal and debt metrics, the U.S. administration remains fixated on spending, says Philip Poole, global head of macro and investment strategy, […]

By Vikram Barhat |April 26, 2011

3 min read

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