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Weekly Update for the week ending August 18, 2023

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, Debt and Interest rates…

It was a slow week for US economic reports, so I decided to explain the reports I will be covering on a regular basis going forward, and why I chose them. If you are interested, please check out Key Economic Data [link to Blog_Economic data] in the Commentary section.

Key Economic Data Reports

When I initially began reporting on Canadian and US economic news, I found myself overwhelmed by the sheer volume of inflation-related data. To streamline my coverage, I made the strategic decision to concentrate solely on the key indicators scrutinized by the Bank of Canada (BoC) and the US Federal Reserve (Fed).

Weekly Update for the week ending August 11, 2023

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, World’s second largest economy stumbles, Robotaxis move among us, …

While my initial intention was to primarily focus on the Canadian and American economies, it’s important to recognize that the global economic landscape is interconnected. Recent turbulence in the world’s second-largest economy, China, has the potential to reverberate and impact both Canada and the US. When China, a major economic player, faces challenges, it can trigger a cascade of effects that extend beyond its borders.

Weekly Update for the week ending August 4, 2023

tems that may only interest or educate me ….

Canadian Economic news, US employment news, US credit rating surprise … topic n,

Over the last 30 years, August and September have been the worst two months for the markets, according to Bloomberg News. Will August be a reality check after the bullish June and July or more room for the bulls to run? Based on this past week, so far it seems to be a reality check. Let us hope this week was just a pothole on the upward path the markets have been on for the last few months.