Continuons 🗳 — Legault wins big. Credit Suisse is in trouble. And brands have too much merchandise.

Francois Legault will stay in power as Quebec’s premier as his centre-right nationalist CAQ party secured a majority government in a cakewalk.Credit Suisse saw a gauge of its credit risk rise to a record high while its stock hit record lows, raising doubts about its financial stability.From Nike, to Walmart, to Canadian Tire, retailers and brands have more merch than they know what to do with as inventories bulge while consumers cut down on their spending.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.