About the Economy: Inflation, Equity Markets and Recession Fears

The stock markets have witnessed steep declines this year, inflation is at 40-year highs, central banks are increasing interest rates and recession fears are growing. To help explain what is next for the economy, Craig Alexander, President of Alexander Economic Views and Chief Economist & Executive Advisor at Deloitte Canada joins the podcast. Here are some of the questions Peter and Jackie ask Craig:  How would you describe the rate of inflation we are seeing today? Labour shortages seem to be everywhere, where did the people go?   Do you expect a recession in the United States and in Canada? What is your outlook for Canadian housing prices? Why do equity markets suffer when interest rates increase? What policy is better for clean energy policy from an economics perspective, the American "carrots" or the Canadian "sticks"?  Deglobalization is occurring, what are the implications for the economy? Longer-term, are you feeling optimistic or pessimistic about the Canadian economy?  Content referenced in this podcast: Energyphile Vignette “Bullish About the New Energy Market”   Please review the ARC Energy Institute disclaimer. To see a transcript of this podcast, visit the link (scroll part way down the page): About the Economy: Inflation, Equity Markets and Recession Fears (arcenergyinstitute.com)