Kevin Carmichael: Trump And Trade Wars Loom Over Sunny Economic Outlook

in #money5 years ago

Morgan Stanley sees recession within year if trade war gets any worse: Bloomberg News


Last time the world economy looked like it does now was at the start of 2016 — which was followed by a global slowdown

Why not all wealth advisors are worried about the rise of robo: Ted Rechtshaffen


Advisors know which clients to put on which path to achieve the best big-picture result

No reason Ontario corner stores can’t sell beer. They’ve proven responsibility with tobacco: Dan Kelly


Opinion: Doug Ford has made right call on independent retailers. It will bring the province's alcohol retail out of Prohibition era

Kevin Carmichael: Trump and trade wars loom over sunny economic outlook: Kevin Carmichael


The volatility of trade policy is why the Bank of Canada made no mention of resuming rate hikes

Here’s how Trump’s Mexico tariffs would impact the U.S. economy: Bloomberg News


Economists say tariffs up the risk of recession

Bullion, gold shares shine after Trump’s Mexico tariff declaration: Bloomberg News


‘No country is safe’ from being pulled into escalating trade war

Ottawa racks up $11.8 billion deficit for the year — that’s better than last year and better than forecast: The Canadian Press


Revenue up 8.1%; spending up 6.2%

Canada’s yield curve inverts the most in 12 years on Trump’s Mexico tariffs threat: Bloomberg News


Investors are worried the tariffs will derail the revised NAFTA

At age 70, Quebec woman saddled with a big mortgage — and a big tax bill if she keeps her job: Andrew Allentuck


Marianne wants to keep working, and if she does so she can keep her house, but she might end up working for the tax man

A stock in your portfolio just got crushed by bad news. Now comes the hard part: Tom Bradley


Tom Bradley: What do you do with it? These stocks are lightning rods and they create a no-win situation

Tesla shares have plunged 43% this year — and Elon Musk’s fortune is getting hammered: Bloomberg News


Tesla shares have never had a worse start to a year than in 2019, and Elon Musk is paying the biggest price

YouTube to shutter its only permanent Canadian creator space in Toronto in strategy shift: The Canadian Press


The 3,500-square-foot facility allowed some local YouTube personalities to use production resources to collaborate and shoot videos

Canada’s economy sees weakest back-to-back quarters of growth since 2015: The Canadian Press


On bright side, most household spending in two years and the biggest jolt of business investment in equipment and machinery in 23 years

If you think the CRA will turn a blind eye to TFSA, RRSP over-contributions, think again: Jamie Golombek


Jamie Golombek: The CRA shows little mercy for excess contributions

Trump’s surprise tariff threat to Mexico may upend new NAFTA deal: Washington Post


Even by the standards of an unpredictable presidency, the announcement drew startled reactions from business leaders

Wilkins sets the record straight on BofC’s thinking on its rate hold: Kevin Carmichael


Kevin Carmichael: Some indicators 'should be regarded as less informative about future growth than they have in the past'

Brushing off doubts, Pence says U.S. will approve USMCA ‘by summer’: Naomi Powell


Removal of tariffs helped, but plenty of hurdles stand in the way, not the least of which is the Trump-Pelosi dispute

Uber loses US$1B in first post-IPO quarter as revenue rises 20 per cent: Reuters


Costs rose 35 per cent in runup to IPO; company says it will keep spending 'to defend our market position globally'

Canadian CEOs’ confidence erodes amid rising concerns over environmental, trade risks: Financial Post Staff


KPMG CEO survey cites environmental risk, growing trade frictions and emerging disruptive technologies as posing real threats to continued growth

Here’s where billionaire investor Mike Novogratz thinks Bitcoin is going next: Bloomberg News


Pure excitement could carry prices even higher, he says


[news curation]@wakanda-forever


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