Little clarity was provided by the combined October and November jobs data. The low-fire, low-hire jobs market remains intact as the unemployment rate continues to climb. … READ MORE >
Joe Brusuelas
Market Minute: Expect November CPI to show 0.3% monthly increase
We expect both the top-line and core readings of the consumer price index to rise by 3% rise from a year ago when the data is released Thursday. … READ MORE >
The growth of government debt and its consequences for financial markets
The United States is borrowing roughly $7 billion per day to finance its operations with the deficit heading toward $2 trillion this fiscal year. … READ MORE >
Bank of Canada prudently holds interest rate ahead of 2026 challenges
The Bank of Canada held its key interest rate at 2.25 per cent—a prudent pause as the country’s labour market remains soft and unemployment remains elevated. … READ MORE >
Market Minute: Bank of Japan rate normalization demands investor attention
Expected Fed rate cuts and increases by the Bank of Japan will affect the carry trade as investors reassess the use of the yen to finance speculative activity elsewhere. … READ MORE >
Market Minute: Deteriorating expectations on inflation and household finances
The Federal Reserve will have a difficult choice of either fighting inflation or hoping to revive a sluggish labor market when it meets this week. … READ MORE >
FOMC preview: Factions at the Fed as the fog begins to lift
Expect a contentious Fed meeting next week, with the central bank lowering its policy rate by 25 basis points. … READ MORE >
Consumer spending in September was flat with holiday season approaching
Recent consumer spending data shows that the condition of U.S. households down market is sour at best and weak at worst. … READ MORE >
Market Minute: Indian rupee depreciation
India’s rupee broke above a benchmark barrier of 90 rupees per dollar this week, continuing a 10-year weakening trend. … READ MORE >
Market Minute: Winter of discontent, real wages and affordability
In this winter of discontent, there is little in the near term that will provide much relief to households and firms that populate the lower spur of the K-shaped economy. … READ MORE >