logo
episode-header-image
Apr 2023
1h 1m

Bank of Canada Calls For Very Soft Landi...

Steve Saretsky
About this episode

The Bank of Canada kept interest rates on hold while raising GDP growth forecasts. Meanwhile, land loans to developers have completely evaporated, sowing the seeds for a supply crunch years down the road. CPI in the US eases but core inflation is proving to be sticky. Warren Buffett takes a surprise trip to Japan. Germany shuts down more nuclear plants.

See omnystudio.com/listener for privacy information.

Up next
Jul 4
The Fiscal Bazooka is Coming
The big beautiful bill passes, ensuring the next wave of fiscal stimulus. Financial markets are betting on a much looser interest rate policy. Will governments impose financial repression? The federal government drops the digital services tax. Germany pivots to natural gas. US jo ... Show More
1h 11m
Jun 27
Canada’s Energy Crossroads: A Deep Dive with Heather Exner-Pirot
Can Ottawa unleash Canada's energy sector? NATO and the race for rare earth metals. Bill C-5 and what it means for new energy projects. The Loonie Hour sits down with energy expert Heather Exner-Pirot to discuss the inflection point for the future of Canada's Natural Resources. S ... Show More
1h 2m
Jun 20
Canada's Population Growth Falls to Zero
Canada just reported the third lowest quarter for population growth since the 1950s. Rents falling as rental housing construction remains elevated. National housing sales pickup in May. Elbows down, BC Ferries sell out to China. Gas cars are poised to get more expensive in Canada ... Show More
1h 8m
Recommended Episodes
May 2024
How high is too high?! | MarketTalk: What’s up today? | Swissquote
Equity bulls around the globe celebrated in style the softer-than-expected US CPI data last week. The global equity rally was further juiced by the expectation that a softer inflation in the US would not only allow the Federal Reserve (Fed) to start cutting the rates this year, b ... Show More
10m 31s
Mar 2024
The S&P500 couldn’t care less about hotter inflation… | MarketTalk: What’s up today? | Swissquote
Inflation in the US accelerated, not only in terms of monthly headline figure but everywhere, both core and headline, and both yearly and monthly figures came in hotter-than-expected. US yields and dollar rose, gold fell, but the S&P500 gained! Elsewhere, sterling fell against th ... Show More
10m 10s
Mar 2023
The Huge Significance of Small Banks
Torsten Slok had been firmly in the “no landing” camp of economists. More positive than a “soft landing,” its adherents say the Federal Reserve will tame inflation without triggering a recession at all. But for Slok, chief economist of Apollo Global Management, that all changed w ... Show More
39m 43s
Jun 2022
Fed takes aggressive stance against inflation
The Federal Reserve hiked policy rates by 75bps at its June meeting to try and push back against the inflation weighing on the US economy. With more rate hikes ahead, risks are increasing of a sharp slowdown in growth in the US and a drag on activity in the UAE and the broader GC ... Show More
23m 58s
Jan 2023
Japan warns of severe finances
The finance minister of Japan, Shunichi Suzuki, warns that the country faces dire finances as debt and inflation continue to rise while the population keeps declining. The government can still borrow cheaply as the central bank keeps interest rates at ultra-low levels. But what d ... Show More
27m 54s
May 2022
Powell’s points presentation: the Fed raises rates
Prices in America are rising faster than at any time in the past 40 years. In response, the Federal Reserve has made its steepest interest-rate hike in 20 years. Will it be enough to tame inflation while not tipping America into recession? Shanghai’s residents are growing restive ... Show More
21m 54s
Jun 2022
Why Inflation's Fallout Is Becoming Increasingly Global
US inflation is at a 40-year high and the UK is effectively in recession as demand slows for Chinese-made goods. Prime Minister Boris Johnson, though addressing the British economy, could have been speaking for the whole world when he said in a recent interview that “we’re going ... Show More
24m 56s
Jul 2024
Austan Goolsbee Talks Fed Policy, Inflation Data
Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers should cut interest rates if US inflation continues to fall back to the 2% target. The Chicago Fed chief, speaking Tuesday on Bloomberg TV in Sintra, Portugal, said he feels “we are on a path to 2%” infla ... Show More
9m 4s
Aug 2023
Loan Defaults Outpace Bonds; Country Garden Woes
Companies with floating-rate debt are feeling the pain of higher interest costs as leveraged loan defaults outpace that of junk bonds, Bloomberg News’ Jill Shah, says. The one-year default rate for US loan borrowers has soared to 4%, an analysis by Morgan Stanley shows. Also on t ... Show More
24m 40s