stimulus – Benefits Canada.com

What will a Biden presidency mean for the economy going forward?

mschmit — Mon, 30 Nov 2020 08:25:02 +0000

The prospect of a Joe Biden presidency with a Republican-held senate is an ideal outcome for markets, said Charles Myers, founder and chairman of Signum Global Advisors, during the Canadian Investment Review’s Investment Innovation Conference in November. Speaking the morning after the election, Myers said Republicans’ expected continued control of the senate would have “very […]

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Stock markets wobble on uncertainty in U.S. election

mschmit — Wed, 04 Nov 2020 04:47:50 +0000

U.S. stock futures and markets around the world are mostly holding steady or ticking higher in early Wednesday trading, but only after spinning through an election night dominated by surprises and sharp swings. After rallying early this week amid hopes that Election Day’s arrival could clear the uncertainty that’s been weighing on markets, Treasury yields […]

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Inflation slump in Europe could presage more stimulus

mschmit — Fri, 02 Oct 2020 03:37:20 +0000

Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will add to its emergency stimulus efforts to help cushion the impact of the pandemic on the economy. The consumer price index was down 0.3 per cent in September, even lower than the minus 0.2 per […]

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Is China’s economic recovery sustainable?

mschmit — Wed, 12 Aug 2020 04:31:14 +0000

China’s V-shaped economic recovery continued for a fourth consecutive month in June, led by strong domestic demand. And if the novel coronavirus remains under control, China can remain the world’s best consumer story. In China, consumer spending came back with force. Inflation-adjusted retail sales plummeted to a 23.7 per cent year-over-year decline in January and […]

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Draghi stepped in during euro’s darkest hour

mschmit — Mon, 28 Oct 2019 04:35:29 +0000

Mario Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action to back up his words. He expanded the bank’s arsenal of crisis-fighting tools with new and unconventional policies, measures that he and others say helped end a financial crisis in […]

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Canada’s Lack of Stimulus Hurts Consumer Sector

mschmit — Wed, 01 Aug 2012 13:21:37 +0000

Why our policy response post-2008 hasn't given consumers the boost they need.

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