80% of decrease in last report result of energy prices: Market wrap
Laura Lau, CIO at Brompton Group, joins BNN Bloomberg for a market wrap. Lau says 80 per cent of the decrease in the last report was due to energy prices. Oil prices have since increased. Labour market is weakening, but from extremely strong levels. The market is anticipating 1 more rate hike this year and then decrease at year-end.