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Recent Articles

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Deloitte forecasts Canada will enter short-lived recession by end-2022, noting its tight labor market and elevated savings during pandemic will soften impact; unemployment rate was 5.4% in August, expected to tick up to 6% in Q3 2023 before falling again

Moody's: Falling stock markets have set Americans back nearly US$9T, putting more pressure on family budgets and spending; losses recorded thus far could reduce real GDP growth by 0.2 percentage points and lower consumer spending by US$54B in next year

Jetcraft forecasts population of ultra high networth individuals in Asia-Pacific to rise 33% over next five years, indicating opportunities for pre-owned large jets; share of pre-owned Jetcraft buyers under age 45 has risen by 20% in last five years;

Conference Board Consumer Confidence Index increased to 108.0 in September from 103.6 in August; consumers’ assessment of current business, labor market conditions rose to 149.6 from 145.3, Expectations Index improved to 80.3 from 75.8

Jefferies: Signs of private label taking share are typically in categories with smaller price gaps versus big brands like toilet paper/tissue, but less so in categories with significant price gaps like skincare/cosmetics, where people resist trading down

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