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'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 ➝

Trump wants Fed rate cuts, unclear if they would help
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President Donald Trump wants the Federal Reserve to help head off a feared economic slowdown, but it’s not clear the central bank has enough firepower left to do so. Besides, some economists say, there’s really not much reason for the Fed to act any more aggressively than it already plans, considering that growth signs remain  Read more ➝

blocs-contruction
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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   Since the financial crisis in 2008-09, the investment landscape has been dominated by one theme: central bank intervention or, more precisely, zero interest rates and increased money supply. Broadly speaking, sovereign debt, credit and  Read more ➝

GDP growth fails to hit Trump's 3% target in 2018
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The government’s latest update on economic output dashed the Trump administration’s longstanding hope for 3% GDP growth in 2018. The Commerce Department’s Friday report on the strength of the economy showed that gross domestic product expanded 2.5% on a fourth-quarter-over-fourth-quarter basis last year and 2.9% from the prior year. That marks a downgrade to a  Read more ➝

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