Global: We have found growth but, has inflation lost its way? Global growth has since recovered from the disappointing 3.1% in 2016. Leading the pack are the G7 nations that have outperformed trend growth, despite unrelenting geopolitical risks (Brexit, Trump etc.). Global growth is forecasted to be 3.4% in 2017. Supporting this progress includes: accelerating business investment, declining unemployment rates and positive business activity. However, inflation readings among t

While other world stock markets enjoyed further gains during the second quarter, the TSX missed out on this action with a decline of 1.6%. Why? Global economic growth continues to show broad based strength, inflation is low, corporate profits are rising and the Canadian economy is much stronger than forecasters expected. Weakness in commodity prices was the main reason for the disappointing TSX performance. In particular, oil fell from over $50 per barrel to $46 and the Energ