Insights

Weekly Economic Perspectives: This is Just the Beginning

Last Week’s Highlights

The Economy
Shock(ed) and awe(d) monetary policy. The Fed goes all in as unemployment claims spike. Canadian inflation slows on lower oil prices. UK unemployment ticks higher. German business sentiment collapses. The Bank of Japan steps up asset purchases, keeps rate unchanged. The Reserve Bank of Australia cuts rate and introduces QE.
The Market
Massive equity declines in the US, Canada, Australia. Bond yields are mixed but generally wider. A major dollar liquidity squeeze develops. Oil collapses, gold ends lower.

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