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0 0 0.00969305331179316 -0.000100969305331168 0.00969305331179316 0.00868336025848147 0.00595718901453948 -0.0105008077544426
Stock impact report

Posthaste: Don't fall for the head fake, recession still in the cards for Canada [Financial Post (Toronto, Ontario, Canada)]

Organigram Holdings Inc. - Common Shares (OGI) 
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm Check Earnings Report
Company Research Source: Financial Post
Will it be good or bad news? That question has become more complicated of late. Recession calls have been common for Canada — and most advanced economies for that matter. But recent unexpectedly strong data here at home have thrown observers for a loop. Earlier this month economists had expected Canada to gain 10,000 jobs in October; it actually gained more than 100,000. Early estimates for retail, wholesale and factory sales last week also came in stronger than expected, casting doubt over forecasts for a slowdown in the fourth quarter. Randall Bartlett, senior director of Canadian Economics at Desjardins, said these surprise signs of growth in the second half of 2022 will likely result in economists hiking their estimates for the year. But that doesn't mean they are more optimistic on the outlook. “We suspect this data has largely been a head fake and that the economy is on a downward trajectory,” said Bartlett in a note Desjardins doesn't expect 2023 growth to be stro Show less Read more
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