by [email protected] | Jan 7, 2025 | Commentaries
Coming into 2023 and 2024, much of the talk on Bay and Wall Streets surrounded the potential for, and timing of, an upcoming recession. The general narrative for both years was that inflation and interest rates were too high and would suffocate consumer borrowing and...
by foyston | Jan 8, 2024 | Commentaries
Relative to the mostly dire economic forecasts made a year ago, 2023 turned in a strong all-around performance as inflation fell across most major economies from the peaks experienced in 2022. Importantly, this performance happened without a recession as most...
by foyston | Jan 23, 2023 | Commentaries
One year ago, expectations for the global economy were generally positive: a slimmed-down continuation of the reflationary theme experienced in 2020 resulting from pent-up demand, robust fundamentals, and constrained supply. Decent nominal GDP growth of around 6.5%...
by foyston | Jan 10, 2022 | Commentaries
The global economy is poised for another year of abovetrend growth in 2022, albeit at a slower pace than 2021. At this time last year, the Organization for Economic Co-operation and Development (OECD) forecast global economic growth of 4.2% in 2021, following an...
by foyston | Jan 10, 2021 | Commentaries
The human and economic impact from the COVID-19 pandemic will be felt for years to come. Fortunately, remarkable progress on vaccines in the fourth quarter means there is now a visible light at the end of the tunnel. Economic prospects are indeed brighter amid the...
by foyston | Jan 10, 2020 | Commentaries
Despite ending the year (and decade) on a positive tone, the economic outlook remains somewhat murky. While progress has been made on several big issues faced by financial markets in 2019, loose ends which could unravel in 2020 remain.
