Author: Sherry Cooper

With much of the focus in Washington on the fiscal cliff, which is now only one month away, a potentially more important cliffhanger is the debt-ceiling debate—likely to come to its precipice in February 2013.

Sherry Cooper’s latest article on the U.S. fiscal cliff is available as an Adobe Acrobat document through this link from BMO Capital Markets Economics.  

We have reduced our Canadian growth estimate to a mere 1% in the third quarter owing to a contraction in residential construction and business investment in machinery and equipment.

President Obama posted a decisive victory Tuesday night by stringing together a series of smaller ones. He won at least six of the seven major battleground states; and he won a majority of the popular vote as well.

As a female member of the baby boom generation, I began my economics career as pretty much the only woman in the room—from graduate school to the Fed to Bay Street.

VUCA is an acronym used to describe the volatility, uncertainty, complexity and ambiguity of the world today. Its usage began in the late 1990s and comes from the American military lexicon to describe the extreme conditions in Afghanistan and Iraq.

Canada’s growth pace has slowed to barely reach the 2% threshold even with some impressive job gains recently, yet the Bank of Canada retains a moderate tightening bias.

September is turning out to be a much better month for the stock market than many had feared, boosted in large measure by the gradual dissipation of uncertainty. To be sure, risks remain and the future is far from clear.

Many people are asking this question. Even Republican pundits are suggesting that Romney is blowing what should be an easy ride to the White House.

The Fed brought out the big guns today, despite the looming election and the opposition of many theorists and Republicans.