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Markets have been hitting record highs amid speculation about cooling inflation and the potential timeline for rate cuts. Damian Fernandes, Managing Director and Portfolio Manager with TD Asset Management, says while much of the focus has been on macroeconomic factors, a key market driver has been strong corporate earnings....
Recent data shows the Canadian economy has continued to grow this year, driven primarily by robust consumer demand. Leslie Preston, Senior Economist with TD, says while growth is likely to continue, consumer demand is likely to lose momentum. ...