Trump is misreading Beijing's pressure points

U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, DC, March 27, 2019. Saul Loeb | AFP | Getty Images U.S. President Donald Trump’s surprising move to impose more tariffs on China is a serious misreading of China’s pressure points, according to Eurasia Group analysts. The latest escalation signaled  Read more ➝


  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 ➝

US consumer spending, prices rise

Shoppers carry bags while walking through the Scottsdale Quarter shopping mall in Scottsdale, Arizona. Caitlin Ohara | Bloomberg | Getty Images U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a  Read more ➝

GDP growth fails to hit Trump's 3% target in 2018

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 ➝