Latest news in Research and Markets

home building

Housing shortages, affordability issues entrenched: reports

Desjardins and CIBC examine both near- and long-term challenges

A man in a suit walking up concrete steps.

Global financial sector’s credit conditions still rosy

Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say

Toronto real estate

Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

The average Toronto home price dropped 1% from the same time last year

deal making

Weak merger activity to finish 2023: Crosbie

High interest rates, heightened macro uncertainty weigh on deal flow

Global growth

OECD boosts growth forecast as inflation eases

Asian countries are expected to drive global growth again in 2024 and 2025

  • By: IE Staff
  • February 5, 2024 February 5, 2024
  • 14:01
puzzle piece

Canadian job market will cool in 2024: TD

Wage growth is still too hot, but will moderate as employment slows

Some Americans have become saddled with credit card debt as rent and everyday prices remain high

Economists say the strain is not likely to spill over into the broader economy

  • By: Ken Sweet
  • February 5, 2024 February 5, 2024
  • 11:10

Business, consumer insolvencies rise in December

Surge reflects struggle with pandemic debt, higher interest rates

U.S. didn’t just avoid recession — it’s adding hundreds of thousands of new jobs

Strong hiring, wage growth could delay interest rate cuts

Arrow up

U.S. corporate defaults hit post-pandemic high: Moody’s

Defaults expected to rise in early 2024 before easing in second half

Grads entering weak markets face long-term effects, lower earnings

Impact on salary lingers for a decade, TD Economics report says

evergrande

Order to liquidate Evergrande just one step in fixing China’s debt crisis

Experts say it’s unclear if Monday's order will be enforced in mainland China

Federal Reserve

Federal Reserve leaves interest rates unchanged for now

Central bank cautioned that it “does not expect it will be appropriate” to cut rates until it has greater confidence inflation is moving sustainably to…

Rent prices soared in 2023, CMHC reports

National vacancy rate is lowest on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988

China currency

China manufacturing contracts for 4th straight month

The manufacturing purchasing managers index (PMI) has fallen in nine of the past 10 months, rising only in September.

jobless puzzle pieces

Labor Department sees signs the strong U.S. job market is cooling

U.S. worker paycheque growth slowed late last year

canadian money

Economy grew 0.2% in November, StatCan says

Economic bounce back at the end of 2023 could push back rate cuts, economists say

Global growth

IMF sketches a brighter view of global economy

The agency upgraded its growth forecast and now expects lower inflation

Collection of Euro bills

Europe’s economic pain drags on with zero growth at the end of last year

The eurozone grew 0.5% for the full year, while the U.S. grew 2.5%

client meeting

Investors blindly trust advisors, FAIR Canada finds

Study participants preferred to rely on the knowledge of professionals rather than learn about investing

wallet and cash

American consumers feeling more confident than they have in two years

Anxiety over the possibility of an economic recession continued to fade

Stick figures

U.S. job openings rose in December, pointing to a still-durable labour market

The job market is cooling in a mostly painless way — through fewer openings

Hotter parents have richer kids, research finds

Physical beauty translates into higher earnings across generations, according to NBER paper

Federal Reserve

Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts

Most economists expect the first rate cut to occur in May or June