Canaccord analyst sees ‘increasingly appealing dividend yield proposition’ for Canadian banks

News Snapshot:

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow is reading today on the Web National Bank chief economist and strategist Stéfane Marion sees volatility ahead in North American equities, “We believe further weakness is ahead for the S&P 500 as we remain skeptical of the soft landing thesis and continue to see the economy in a three-quarter technical recession starting at the turn of 2024. Historically, the U.S. economy enters a recession 5 to 16 months after the yield curve inverts. It has now been 10 months since the current inversion. Adding to...