Tag Archives: inflation

What today’s retail sales and inflation data say about the Canadian economy

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Data from Statistics Canada on Friday revealed retail sales disappointed in April while inflation was stronger than expected. It was more confusing data about precisely how well the Canadian economy is rebounding following a dismal first quarter, in which gross domestic product shrank an unexpected 0.6%. Nevertheless, listed here are five themes in Friday’s data that Canadians should pay attention ...

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Wage inflation suggests no end in sight for bull market

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The count continues. It’s been 1,357 days without a 10 per cent correction for the S&P 500, bringing all of us the way to October 2011. While that may give the bears even more fuel to reason that a pullback in equities is originating, bull markets only tend to end with recessions. And these days, a recession doesn’t turn to ...

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