World Economy Edges Closer to a Recession as Trade Dread Deepens – Bloomberg

The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.
— Read on www.bloomberg.com/news/articles/2019-08-07/world-economy-edges-closer-to-a-recession-as-trade-fears-spread

Fitch Analysts Don’t See Grounds for Panic Over Canadian Debt – Bloomberg

Those looking for evidence of an imminent debt crisis in Canada won’t find it in the latest credit card data.
— Read on www.bloomberg.com/news/articles/2019-08-06/fitch-analysts-don-t-see-grounds-for-panic-over-canadian-debt