DATE

The Recession is Here, When Will Central Banks Pivot: The Loonie Hour Episode 42

Steve Saretsky -

The Recession is Here, When Will Central Banks Pivot? – The Loonie Hour #042 The US federal Reserve raised interest rates another 75bps. More interestingly is that Powell will be removing forward guidance, and all future rate hikes are now data dependent. The US then recorded the second consecutive quarter of negative GDP, indicating a technical recession. Bond yields are falling on the news, and the all important Canada 5 year bond yield is now down nearly 100bps since peaking last month, indicating an upcoming decline in fixed rate mortgages. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 #TheLoonieHour #Macroeconomics #PersonalFinanceCanada

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The Canadian Economy

Steve Saretsky -

https://www.youtube.com/watch?v=UTpzXUchlY4

Steve Saretsky -

https://www.youtube.com/watch?v=N91b1aEbuFo

Steve Saretsky -

https://www.youtube.com/watch?v=CysYLo4q_qs

Steve Saretsky -

https://www.youtube.com/watch?v=-qDGWUZOZGc&t=957s

Steve Saretsky -

https://www.youtube.com/watch?v=VZeTnBPqwMo

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The Saretsky Report. December 2022