Denis Taillefer on BNN Bloomberg’s The Close | December 9, 2022
Expect Markets to Remain Volatile: Denis Taillefer
Denis Taillefer, Senior Portfolio Manager at Caldwell Investment Management Ltd., spoke on BNN Bloomberg as to discuss this week's market. Taillefer notes that while we are starting to see signs that the rate increases are having the desired impact (weaker PMIs, softening CPI, softening housing markets), the labour market "has remained stubbornly resilient."