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  Alfred Lam, CFA, Senior Vice-President and Chief Investment Officer Marchello Holditch, CFA, Vice-President and Portfolio Manager CI Multi-Asset Management   A beggar-thy-neighbor economic policy is when one country attempts to remedy its economic problems by means that tend to worsen the economic problems of other countries. In the last few weeks, the trade war  Read more ➝

The consumer will keep US economy going
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Bank of America CEO Brian Moynihan is not worried about a potential U.S. economic slowdown, saying the American consumer is still in a strong place and can keep the economy growing. “The underlying consumer is doing well and making more money. More importantly, they’re spending more money,” Moynihan told CNBC’s Becky Quick on Wednesday. Moynihan  Read more ➝

The US economy is fine, but trade storms are gathering
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Workers assemble cars at the newly renovated Ford’s Assembly Plant in Chicago, June 24, 2019. Jim Young | AFP | Getty Images A former colleague of mine at the OECD (a Paris-based public policy research organization financed by member country governments) smiled at me over a five-o’clock beer with a cutting remark that reports of  Read more ➝

'I don't think we're having a recession'
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U.S. President Donald Trump speaks with Larry Kudlow, director of the U.S. National Economic Council, right, in the Roosevelt Room of the White House in Washington, D.C. Alex Edelman | Bloomberg | Getty Images President Donald Trump said Sunday he doesn’t see a recession on the horizon after a volatile week for markets. “I don’t  Read more ➝

US consumer sentiment August 2019 preliminary
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U.S. consumer sentiment fell to 92.1 in August, the lowest indicator readout since the start of 2019, according to data released Friday. The dip points to further uncertainty in the U.S. economy, as consumers navigate wild market swings and a constantly shifting trade environment. The University of Michigan’s preliminary August print came in well below  Read more ➝

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