Bank of Canada's Poloz Says Trade War Effects Have Been Modest

The video discusses the modest direct effects of the trade war on the global economy, highlighting its impact on investment sentiment. It explores concerns about corporate debt, particularly in the non-financial and commodity sectors, and the risks associated with leveraged loans. The discussion also covers economic stimulus measures, headwinds like household debt, and the global economic synchronization influenced by trade tensions. The importance of sentiment in economic recovery and the role of central banks in managing these challenges are emphasized.

How does the current economic situation compare to the financial crisis in terms of leverage?

What factors are considered headwinds affecting the Canadian economy?

What signals indicate that the global economy was on the right track before the trade war?