Arthur Donner | TalkMarkets | Page 21
Economic Consultant
Arthur Donner is a Toronto-based economic consultant with a lively interest and involvement in economic policy issues. Arthur has the ability to make complicated economic issues understandable to widely different audiences. Consequently, his career has moved between universities, governments and ...more

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The Federal Reserve Stays On Its Interest Rate Escalation Track
As is often the case, U.S. Fed policy is having a major impact on global financial developments.
How Much Longer Can The Goldilocks Global Economic Expansion Last?
In this uncertain economic environment, pity the economist who must prognosticate on the state of the economy and when the next economic downturn may come.
The Italian Economy Is Growing, But High Unemployment Remains A Problem
Italy’s real GDP expanded 1.4% y/y in the first quarter of 2018 following a 1.6% expansion in the previous three-month period.
The Full Employment German Economy Continues To Be The Eurozone’s Economic Engine
The German Economy has been on a robust growth path ever since the financial crisis ended nearly nine years ago.
Euro Area Economic Growth Was Still Quite Robust In The First Quarter
On a year over year basis, the Euro Zone’s real GDP rose 2.5% in the first quarter of 2018 compared with a 2.8% pace in the previous quarter. The OECD expects roughly 2% or higher growth in 2018 and 2019.
NAFTA Uncertainty Is Already Hurting Canadian Manufacturing Employment
Canada’s labor market is still quite tight, but there are some ominous undercurrents showing up in the recent data. According to Canada’s Labor Force Survey, total employment declined by 7500 jobs in May.
Canada’s Iron And Steel Trade With The U.S. Is Roughly In Balance
The Canadian government has drawn up two lists of products that would be subject to either 25% or 10% taxation until the U.S. changes its position.
Canada’s Trade Deficit Declined Sharply In April
There was a sharp improvement in Canada’s merchandise trade deficit in April to $1.9 billion from a $3.9 billion deficit in the previous month.
Is Canada’s Housing Construction Boom Easing Back?
Canadian housing starts declined nearly 10% to 195,500 (annualized) units in May, extending the softer run of construction activity which began early in the year.
Canada’s Economy Recorded Very Slow Growth In The First Quarter
Although the Canadian economy expanded over 3% in real terms in 2017, nonetheless the economy recently recorded three consecutive quarters of slow economic growth.
The Goldilocks Jobs Market In The U.S. Is Still Functioning
The U.S. economy continued to display momentum in the second quarter of this year and created a vigorous 223,000 new jobs in May after only 159,000 new jobs in the previous month.
The U.S. Economy Is Doing Just Fine, Despite Large Trade Deficits
The American economy has been running large trade deficits for decades, and despite its history of foreign trade deficits, is doing just fine.
Other Than Argentina And Turkey, Emerging Market Countries Are In Better Shape To Withstand A Currency Crisis
The Brazilian and Turkish currencies have weakened sharply this year, making it very difficult to service these countries sovereign debts which are denominated in U.S. dollars.
Why Has Emerging Market Sovereign Debt Become Such An Issue In Financial Markets?
Sovereign debt is generally a riskier investment when it comes from a developing country rather than a developed economy.
The Global Economy Has Momentum, Even Though Uncertainty Has Increased
Despite the considerable uncertainty surrounding the longevity of the recovery, the global economy appears to be maintaining its momentum.
Why Has Productivity Growth Been So Disappointing Since The End Of The Financial Crisis?
Weak economic demand in the recovery period resulted in historically low capital-intensity growth, which in turn was the single biggest factor behind anemic productivity growth in the 2010-2014 period.
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