The global economic recovery is proceeding at a solid pace, with developing economies driving global growth. TD Economics expects global growth to come in just below 4% for 2011, slightly below the robust rate of 4.5% in 2010. [Click on Pic to learn more]
As the U.S. economy improves on broad based strength it will improve business opportunities for Canadian exporters. 70% of our exports go to the U.S. The U.S. economy is expected to grow by 3 to 3.5%, however given how severe the recession was this represents a moderate forecasted recovery. [Click on Pic to learn more]
The world economic recovery continues to unfold. After the most synchronized global contraction on record, world output turned the corner in mid-2009 and has rebounded strongly since then. There is considerable momentum heading into 2011. However, the overall picture masks a two-speed world economy – with emerging markets in the fast lane and the developed world lagging. [Click on Pic to learn more]
In what is usually the worst period for equity market performance, Q3/10 defied seasonal trends and saw most world equity indices advance. While the outlook for North American economic growth remains muted, generally speaking the data is pointing to stabilization and suggests further downside to economic growth is limited. [Click on Pic to learn more]
Financial markets continue to express unease about the strength and viability of the economic recovery. The U.S. is moving towards slower growth. In Canada, the economic recovery has tapered off, but remains on track albeit at a slower pace. [Click on Pic to learn more]
