Happy Friday!

As always, I’m pleased to share the latest Global Insight publication with you. This week, the discussion largely revolves around the same things that has been driving global growth hopes and concerns for the past several years now: global trade and trade wars. Of special note are the potential for an EU / UK Brexit deal, US / China trade talks, and the Canadian context. This is a topic that I have been touching on in phone calls, emails, and client meetings for most of 2019 now, and there are a number of new developments on a number of fronts just this week that are worth taking note of. The trade wars have been the single largest inhibitor of economic growth in countries across the world, and I see any resolution of these disruptive skirmishes as a huge positive for economic and market expectations.

Better tepid growth than a hard freeze

As the Q3 earnings season begins, we look at the factors constraining corporate profits. But against a backdrop of economic uncertainty, even modest growth in the quarters ahead should be enough to keep major equity markets ticking higher, in our view.

Regional developments: Employment gains in Canada continue; UK and EU announce a tentative Brexit deal; and some progress in U.S.-China trade talks.

Please take a few moments to review the Global Insight Weekly to learn more.