Things aren’t nearly as rosy as the Bank of Canada believes: David Rosenberg

Poloz 2
Bank of Canada Governor Stephen Poloz

“How can anyone in their right mind declare that the outlook is anything close to constructive when the Chinese stock market is down nearly 30 per cent from its highs, the ex-U.S. global MSCI is off nearly 20 per cent from its 2018 peak, the entire world equity index is down 11 per cent and the TSX is down seven per cent?”

You have got to read this report to understand what is in the future for stock and bond markets:

Rosenberg: BoC rate increase/Cdn economy

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