BCA: A recession in Australia and Canada now more likely than not

BCA Research, the well renowned Canadian research house says "not only do Canada and Australia face the end of their own respective debt supercycles, but they must also reckon with the fallout from the end of the commodity supercycle. While cheaper currencies, favorable demographics, and strong banking systems will soften the blow, a recession in both economies is now more likely than not. Our Global Investment Strategy service advises that investors should underweight Canadian and Aussie equities and position for possible further policy easing from both the Bank of Canada and the Reserve Bank of Australia."

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter