The stock market is on fire this year even as economic indicators remain on the shaky side.
Exuberance on one hand, skepticism on the other. Where does this leave Canadians planning for the year ahead?
This week on Down to Business, Manulife Investment Management chief economist and head of macroeconomic strategy Frances Donald joins host Emily Jackson to weigh in on the discrepancy between the two sentiments.
While Donald believes an outright recession is a less probable scenario, that doesn’t mean she isn’t expecting an “interruption” to markets as the year unfolds.
Donald discusses whether the Bank of Canada will tweak interest rates, how much debt consumers are carrying and whether the new trade deal between the U.S. and China will eliminate some uncertainty for Canadian businesses.
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