Eyes on the Economy CIBC

Ali Jaffery and Katherine Judge discuss the strength of the US consumer, which reflects a wave of wealthy retirees and lifestyle changes associated with work-from-home, as well as implications for monetary policy from the permanent shift in spending preferences towards goods and away from services. For more information, check out our latest In Focus report: https://cibccm.com/en/insights/articles/in-focus-the-goods-life-how-boomers-and-work-from-home-changed-american-spending-patterns/

Avery Shenfeld, CIBC’s Chief Economist, joins host Ali Jaffery to discuss Canada’s Federal Budget, where it stands relative to previous forecasts, and the implications of it for the broader economy, the Bank of Canada and the markets.

Benjamin Tal, Deputy Chief Economist at CIBC joins Avery Shenfeld to discuss Fed policy and where the US economy is heading, pointing to the fact that the current situation in the US is very similar to the soft landing of 1995.

For more information, check out our latest In Focus report: https://cibccm.com/en/insights/articles/in-focus-1995-deja-vu/?utm_source=simplecast&utm_campaign=cm_insights_e-in-focus_aware&utm_content

In the inaugural episode of the Eyes on The Economy, our Chief Economist Avery Shenfeld, takes a closer look at the US economy – exploring the dichotomy that exists between the current data, which shows that the economy has been performing strongly, and polls, which would suggest the sentiment is not as positive for the average American consumer. Listen now to hear insights on what truly matters behind the numbers.