More identifying a gap than pushback! Kyle Bakx

Consistent with #markets pricing another major #Fed dovish policy pivot,2-year US Treasuries are down 12 basis points more today.Officials have no choice but to explicitly signal onset of a rate cutting cycle if they wish to reduce risks of a costly policy mistake for the economy

Negative signals from financial markets are more likely to constrain Trump tariffs than rational argument

Here’s a nasty little #climatechange surprise; it has changed Canada’s forests into a source instead of sink, which is going to cost us big time in the long haul 👇

Ditto Rawlson King #justsayno Jim Watson David McLaughlin

Worth a quick read -- excellent Canadian polling charts from Abacus Data Exchange

Opinion | When the Levees Break Again - The New York Times nyti.ms/2WA3v5E

Presidents don't control stock markets, market is not the economy, etc. Still, once upon a time, Trump used to brag that market gains were a good metric of his success. Updated chart on how S&P 500 has fared under Trump vs Obama, through comparable periods in their presidencies:

Great to see you back in the The Globe and Mail Danielle Goldfarb!

The best football/soccer clubs are global brands with multiple ways to reach a global market of consumers and advertisers (and betters). Premier League has done the best job of producing real competition among multiple top-level clubs.

59% more costly for businesses and households in 2022 and doesn’t generate revenues that could compensate them for those higher policy costs.

A very important piece of research -- evidence from #Ontario that carbon pricing is more efficient and less intrusive than regulations to reduce GHG emissions. #ontpoli Clean Prosperity Dave Sawyer

The Reserve Bank of Australia cuts its benchmark rate to 1.25% as widely expected. Though largely symbolic at this stage, expect more to come. Tuuli McCully #AusEcon

I like being part of the 33 per cent

The global economy has stumbled sharply in the first half of the year with trade and investment flows between countries falling faster than expected, according to semiannual forecasts released by the World Bank. wsj.com/articles/globa…

Very pleased that both CBC News and CTV News are covering ceremony at Beny-Sur-Mer cemetery near Juno Beach, with D-Day 75th anniversary tomorrow. A moving place to visit for Canadians.

Provinces and territories bear the brunt of pressure from slow growth, says Glen Hodgson. Read our latest Intelligence Memo: bit.ly/2KpbhZE #cdnecon #cdnpoli

Excellent question John Ivison. Time to play by the same rules (even if they are stupid)

“This fragility that we had identified and the precariousness of the recovery is actually confirmed,” Lagarde said Wednesday at the American Enterprise Institute in Washington. "We’re now seeing this synchronized deceleration of growth.”

Why does Ontario's climate plan cost more? Instead of allowing a carbon tax to create incentives for businesses and consumers to reduce their emissions, it employs a number of initiatives that rely on provincial $ to get to those same targets. #onpoli