David Rosenberg: Canadian Rail Blockages May Reduce Canadian GDP by Half Percent, Recession Likely
“I still say the odds of recession (in Canada) are well over 50-50. I remember being on record saying 80%”
“I still say the odds of recession (in Canada) are well over 50-50. I remember being on record saying 80%”
Despite a massive increase in federal deficits, there is actually a large and growing shortage of marketable treasury debt
Beautifully illustrating the relationships between the 100 most spoken languages in the world
“If history is any lesson, the market will have a fit and the Fed will ease more and other central banks will follow”
“It’s about faith in central banks’ ability and willingness to keep supporting this”
The US economy is in the midst of one of the most accommodative mixes of fiscal and monetary policy in modern history
While Permian production may continue to rise on the back of DUC well completions for quite some time, unless the rig count rises again, current production levels are unsustainable in the longer run.
If the balance sheet is 20% of GDP, it will need to grow by at least $170 billion a year to stay there
“What it all comes down to is the most power source of demand for equities has been, in two words: share-buybacks”
Every known object in the solar system with a diameter larger than 10 kilometers