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Bloomberg: Stagflation Playbook for S&P 500 Gets Fresh Look Before CPI Data

“This is a turning point in the economy that we stand at and markets are really unsure as to what direction we’re going to go in,” said Karl Schamotta,chief market strategist at Corpay.

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Aug 11, 2025
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Doing business with a down dollar in B.C.
Cross-Border

Doing business with a down dollar in B.C.

“The [U.S. Federal Reserve] is clearly the biggest force here,” said Karl Schamotta, chief market strategist at Corpay (Fleetcor Technologies Inc.).

U.S. dollar advances as investors look to inflation data this week
Cross-Border

U.S. dollar advances as investors look to inflation data this week

"By illustrating continued strength in the labor market, Friday's non-farm payrolls report gave the Fed carte blanche to continue raising rates," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Corpay Cross-Border Announces New Collaboration with Greenbackers Investment Capital
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border Announces New Collaboration with Greenbackers Investment Capital

Providing access to cross-border payments and currency risk management solutions

Low-flying loonie making Bank of Canada’s fight against inflation even harder
Cross-Border

Low-flying loonie making Bank of Canada’s fight against inflation even harder

In recent decades, a 10 per cent drop in the Canadian dollar has translated into a short-lived half per cent upward shock in the annualized headline inflation reading, according to Karl Schamotta, chief market strategist at Corpay.

Mortgage-debt pressure will lead to deceleration in rate hikes from the BoC: Karl Schamotta
Cross-Border

Mortgage-debt pressure will lead to deceleration in rate hikes from the BoC: Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the Canadian economy and currency following OPEC+ recommendation regarding oil production cuts.

Canadian dollar headed toward 70 cents
Cross-Border

Canadian dollar headed toward 70 cents

Karl Schamotta, chief market strategist at Corpay Cross Border Payments, speaks to the Financial Post's Larysa Harapyn about the outlook for the Canadian dollar and what factors are impacting price fluctuations.

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