Are we not in the middle of a major downturn already?
You said a recession is likely and also you said at the WOFC that rates could stay where they are and or not come down until the 2nd half, but there are many job losses throughout the US and Canada. Are we not in the middle of a major downturn already?
True and stock markets are soaring. Confusing. The major layoffs in major tech companies tells a story in the US and Europe. In Canada we just had Bell lay off 4,300 people. At the same time we can’t get enough construction workers, health workers all service sectors.
