The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
FX Trader, Loonieviews.net
Summary: Canada's central bank has removed all doubt that it will be following a dovish path in the wake of last week's major GDP miss, with officials citing trade tensions and the gathering global slowdown as the backdrop to their caution.