How to position for a possible Canadian recession ...Middle East

They note that several measures of demand is slowing, and that the housing market's sizeable imbalances make it relatively more vulnerable to the lagged impact of higher rates.Furthermore, they note that cutting rates now might not be enough to avoid a recession (looking at the 'O Canada Rule' which is based on a modified version of the Sahm Rule, Adam was out with a great note on this yesterday.BCA says options to navigate a Canadian recession might include overweight Canadian bonds, potentially against other country's which might not cut as much as the BoC (Australia or the US).They also consider AUDCAD long exposures based on more favourable differentials for the AUD.Another option is bei

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