This time, you can’t blame the dollar or oil prices.
Suddenly lurking in the shadow inventory.
Worst Plunge in Retail Sales since 2008 as Inflation Whacks Consumers.
The fear of “currency instability.”
“Investment and hiring intentions at lowest since 2009”: Bank of Canada
All-out currency war. Clear winners: rich Chinese who buy homes in Canada.
Sudden, sharp pain at the cash register.
“Fortunately, there’s little need to fret about households’ ability to carry all that debt.”
Oil spills into the broader economy.
At first, there was hope that only the oil patch would get hit.