Recent data indicate inflation is easing
Unemployment rising, but layoffs aren't, leaving room to cut rates
Other forms of borrowing decline, led by HELOCs
After six months of stability, claims rose in May
Rosy earnings forecasts underpinning stocks face downward revisions
Regulators recalibrate for zero-rate environments
Funds shifted assets to fixed income, away from private equity
Strong debt issuance, M&A expected to be revenue drivers in the quarter
Energy inflation resurfaces, stoking price pressures
Rising unemployment for Canada, U.S. gives central banks reason to ease