Advertisement
Canada markets closed
  • S&P/TSX

    22,781.43
    -206.85 (-0.90%)
     
  • S&P 500

    5,408.42
    -94.99 (-1.73%)
     
  • DOW

    40,345.41
    -410.34 (-1.01%)
     
  • CAD/USD

    0.7370
    -0.0037 (-0.50%)
     
  • CRUDE OIL

    68.16
    -0.99 (-1.43%)
     
  • Bitcoin CAD

    73,776.63
    +695.17 (+0.95%)
     
  • XRP CAD

    0.72
    +0.01 (+1.18%)
     
  • GOLD FUTURES

    2,526.80
    -16.30 (-0.64%)
     
  • RUSSELL 2000

    2,091.41
    -40.65 (-1.91%)
     
  • 10-Yr Bond

    3.7100
    -0.0210 (-0.56%)
     
  • NASDAQ

    16,690.83
    -436.83 (-2.55%)
     
  • VOLATILITY

    22.38
    +2.48 (+12.46%)
     
  • FTSE

    8,181.47
    -60.24 (-0.73%)
     
  • NIKKEI 225

    36,391.47
    -265.62 (-0.72%)
     
  • CAD/EUR

    0.6644
    -0.0019 (-0.29%)
     

U.S. will 'narrowly avoid' a recession -money manager

STORY: Erickson explains that "with the strength that we see in some of the consumer balance sheets and therefore the resilience we've seen in corporate earnings, it is our belief that while we have had some economic slowdown, we are going to avoid that recession - all other things being equal."