Greetings,
United States: A record share of businesses are boosting wages and plan to keep doing so in the months ahead. The cost of labor is becoming more of a problem.
Canada: The market is now certain that the BoC will hike rates on or before April.
China: The blowout in bond spreads could boost equity volatility.
Cryptocurrency: Jamie Dimon says bitcoin is worthless
And the IMF warned of significant risk regarding the adoption of crypto as legal tender.
Global Developments: Finally, here is the share of government debt held by central banks.
Food for Thought: Why workers haven’t unionized:
Edited by Devon Lall
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