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The yield curve disinverted this week, suggesting an economic recession may be near. ... Investors are reacting by selling stocks, with the Nasdaq 100 dropping 2.6% on Friday. ... The Sahm Rule ...
List of Recessions in Canada [2] Name Start End The Great Depression: April 1929 February 1933 Recession of 1937–1938: November 1937 June 1938 [3] Recession of 1949: August 1947 March 1948 Recession of 1951: April 1951 December 1951 Recession of 1953: July 1953 July 1954 Recession of 1958: March 1957 January 1958 Recession of 1960–1961 ...
In August 2023, Canada's inflation rate reached four percent, primarily driven by increased gas prices. [35] Food inflation rates reached 8.5 percent. [36] In November 2024, Canada's annual inflation rate rose to 2.0% in October, exceeding analyst expectations and marking the first increase since May 2024. [37]
The S&P/TSX 60 Index is a stock market index of 60 large companies listed on the Toronto Stock Exchange.Launched on December 30, 1998 by the Canadian S&P Index Committee, [1] a unit of S&P Dow Jones Indices, the index has components across nine sectors of the Canadian economy.
A weak July jobs report just triggered one of the most well-known, and historically accurate, recession indicators: the Sahm Rule. But the rule’s inventor, Claudia Sahm, pushed back against the ...
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.