Market Factors: Prominent economist’s forecast implies significant Canadian recession

News Snapshot:

In this edition of Market Factor’s we’ll highlight the forecast of prominent Wall Street strategist Torsten Slok, who sees a 90 per cent chance of a “sharp slowdown” in U.S. growth. We’ll assess the health of the AI-related stock leadership and discuss new research in the U.K. that may indicate life on another planet. Economy “Sharp slowdown” in the U.S. is bad news for Canada A prominent Wall Street economist estimates a 90 per cent chance of a U.S. recession, a development that would all but assure a significant domestic economic downturn. Torsten Slok is currently chief economist and partner...