Angst is running high over global recession risks as the year’s mid-point approaches. So economic data and central bank talk will bear watching more than usual, and there’s plenty of that coming up.
Still, stock markets, firmly in bear territory, may get a respite. History shows equities usually fall in the run-up to inflation peaking, then rally, Goldman Sachs notes. The three-day shindig, starting Monday, will be especially interesting, given the biggest inflation surge in decades and worries of an imminent global economic recession.
Adding to concerns is a standoff over the Russian enclave of Kaliningrad, sparking fresh warnings from Moscow towards Baltic EU member states.
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What’s a ‘bear market’? Your guide to our new economyCanadians are seeing rising inflation, and are hearing fears about a looming recession, and there are plenty of terms being thrown about in conversations about our economy. Here’s what you need to know about bear markets and bull markets. CANADA is in a Recession, a Depression is inevitable & unavoidable. It’s not by accident, it’s by DESIGN, a FEATURE that the liberal_party JustinTrudeau want. On behalf of the WEF & K. Swabb. Why? Ask em, you’ll get double speak, lies, & misdirection in response. Guaranteed. Weeeeeeeeeee 1. We are already in a recession 2. Thank your Finance Minister for her spending :) Max pain hasnt even begun yet.
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'This too shall pass:' Why Brian Belski is still upbeat on stocksWatch BMO Capital Markets chief strategist on how the rising tide will return to equities
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