Economic outlook October 2018: Singing the late-cycle blues
The first quarterly Economic outlook report, authored by Deloitte Canada Chief Economist Craig Alexander, offers insights on the trends and events shaping Canadian and international economies. Craig argues that, because the North American economy is in the late stage of the business cycle with low unemployment and a long US equity bull market, the Canadian economy is at a crossroads.
The report summarizes the current economic outlook for Canada in the context of the US and other advanced economies, and draws conclusions based on factors such as trends in consumer spending, exports, interest rates and much more.