The wild gyrations of the stock market continue as the TSX gives up most of 2015’s gains on June 25-29th. However, Forget about Greece — China could be a much bigger problem for the stock market. With Billions being made on the shorting of the market. Interesting how so much of the headlines have been focused on the so-called “Housing Bubble” yet very little about the stock bubble – yet which one burst?
OTTAWA — If for only a few minutes, try to forget about Greece — as many would surely want to — and spare a thought for another possible trouble spot: China.
True, the globe’s No. 2 growth engine isn’t running on all cylinders. No, it’s not heading for the ditch, either.
Will Stephen Poloz cut rates again as R-word is bandied about?
Canada’s economy has now contracted for four months in a row, meaning Canada is flirting with another recession and again raising questions over whether the central bank will cut interest rates a second time.
The economy had been expected to kick off the second quarter on a somewhat better footing after the contraction of the first quarter.