The world economy has one foot on a banana peal and the other on thin ice thanks to the massive build-up of debt – investors should beware. One the world’s most respected analysts, Greg Weldon talks interest rates, gold and stocks.
Posted by Michael Campbell interviews John Johnston of Davis Rea Johnston of Davis Rea
Monday, 23 July 2018 10:15
John Johnston Chief Strategist of Davis Rea takes a look at what’s happening Globally in light of the current trade wars. Still bullish for the next year or so, he does see a recession out there somewhere. He also gives his forecast for interest rates in Canada & the US as well as his forecast for the Canadian Dollar. He sees energy in Canada as pretty cheap. John is of the view that Canada is going to get hit the hardest if there are any trade problems.