Powell: Fed’s lower rates are helping the economy stay in good place

Federal Reserve Chairman Jerome Powell says the central bank’s pivot this year to lower interest rates has helped sustain U.S. economic growth.
— Read on www.cnbc.com/2019/09/06/powell-says-feds-lower-rates-are-helping-to-keep-the-economy-in-a-good-place.html

Canada’s Jobs Market Surprises Again With Monster Gain – Bloomberg

Canada recorded one of its best months of job gains on record in August, a surprising show of strength by a labor market that has relentlessly powered the nation’s expansion.
— Read on www.bloomberg.com/news/articles/2019-09-06/canada-s-jobs-market-surprises-again-with-monster-gain

A Third of Canada’s Stock Market May Be Holding the Rally Back – Bloomberg

The stalwarts of Canada’s equity market might be losing their shine and in turn, hampering what could have been an even bigger rally for the nation’s stocks this year.
— Read on www.bloomberg.com/news/articles/2019-09-06/a-third-of-canada-s-stock-market-may-be-holding-the-rally-back

Ottawa house prices jump 11.8 per cent in August as inventories continue to tighten | Ottawa Citizen

If you happen to be searching for a home in an established Ottawa neighbourhood, you won’t like these numbers. The Ottawa Real Estate Board revealed Thursday that average prices for residential properties in August jumped nearly 12 per cent year over year to $484,900.
— Read on ottawacitizen.com/news/local-news/ottawa-house-prices-jump-11-8-per-cent-in-august-as-inventories-continue-to-tighten

September is worst month for US stock market, history shows

If you thought August was a rough month for stocks, you might want to brace yourself for this month.Stocks tumbled in August, handing the S&P 500 its second monthly loss this year. And odds are that investors won’t recoup those losses in September.”History says be prepared for a down month because
— Read on ca.finance.yahoo.com/news/september-worst-month-us-stock-070131165.html

German Industrial Recession Worsens as Trade Uncertainty Bites

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. German industrial production unexpectedly declined further in July as trade tensions and waning business confidence continued to weigh on global demand.Output fell 0.6% from June, missing
— Read on ca.finance.yahoo.com/news/german-industry-output-extends-decline-060847798.html