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Recent Articles

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Canadian real GDP was essentially unchanged in December; the goods-producing industries group contracted 0.2%, while the services-producing industries were largely unchanged, 14 of 20 sectors registered increases: Statistics Canada

Canada's real GDP edged up 0.2% in Q4 fuelled by higher exports and reduced imports, but moderated by a decline in business investment; final domestic demand edged down 0.2%: Statistics Canada

UBS forecasts 10 surprises that could unfold in 2024, but still face long odds; predictions include 20% surge in S&P 500 this year, end to war in Ukraine, China's nominal GDP slowing to 3% rather than accelerating, Apple's market cap tumbling

US real GDP in Q4 rose at an annual rate of 3.2%, revised from prior estimate of 3.3%; update reflected a downward revision to private inventory investment, partly offset by upward revisions to state, local government, consumer spending: Dept. of Commerce

Piper Sandler economist advises US government to enact student loan forgiveness and tax cuts to achieve soft landing, avoid recession and boost GDP in 2024; however, Fed may have a harder time cutting rates amid such a strong economic backdrop

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