Banks in europe are having a pretty solid day as well. The frank for motor show is underway. The pound catching a little bit of a bid today. Basically, what is happening in the stock market, weve got like volume. We are seeing a rotation. Banks and autos doing well. The cyclicals are doing well. Defensive bond proxy type names not doing so well today. Vonnie we have a treat now because we are sticking with markets and the economy. Investors ought to be keeping a close eye on a series of moves from world Central Banks as recession concerns in the u. S. Grow. Lots of metrics pointing to a potential slow down. We are joined by ed hyman, evercore isi chairman, a top economist for almost 40 years now. One of the things you do that is so amazing is you have a whole series of your own indicators. You survey all sorts of industries out there privately that dont get surveyed by the government. What are you seeing from those surveys right now . Ed in general, they are pretty good, although i hav
Canadian stocks are turning in a mixed performance on Tuesday with investors looking ahead to some crucial economic updates for clues about the outlook for interest rates.
Canadian stocks are turning in a mixed performance on Tuesday with investors looking ahead to some crucial economic updates for clues about the outlook for interest rates.
Extending the pullback seen over the two previous sessions, Canadian stocks showed a significant move to the downside during trading on Friday. After coming under pressure early in the session, the benchmark the benchmark S&P/TSX Composite Index saw further downside in late-day trading before closing down 233.
Extending the pullback seen over the two previous sessions, Canadian stocks showed a significant move to the downside during trading on Friday. After coming under pressure early in the session, the benchmark the benchmark S&P/TSX Composite Index saw further downside in late-day trading before closing down 233.