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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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Canadian dollar hits near 2-year low, TSX falls as sentiment sours
Cross-Border

Canadian dollar hits near 2-year low, TSX falls as sentiment sours

"The dollar is an unstoppable juggernaut right now, with higher-than-expected inflation and an ever-more-hawkish Federal Reserve sucking capital into the United States and inflicting damage on the rest of the world economy," said Karl Schamotta.

The next US Fed meeting is in November, close to the U.S. midterm elections.
Cross-Border

The next US Fed meeting is in November, close to the U.S. midterm elections.

Karthik Sankaran appeared on 680 News to discuss any links between the outcome of US’s November midterms to the inflation rate or the Federal Reserve’s next interest rate decision. Click here to listen

All eyes on the Fed’s September interest rate decision
Cross-Border

All eyes on the Fed’s September interest rate decision

All eyes on the Fed’s September interest rate decision

Dollar rallies against euro, yen after surprisingly firm U.S. consumer prices
Cross-Border

Dollar rallies against euro, yen after surprisingly firm U.S. consumer prices

“The data was far stronger than expected. Particularly worrisome is the fact that core inflation came in almost double estimates,” said Karl Schamotta, chief market strategist at Corpay in Toronto.

PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform
Cross-BorderGlobal payments

PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform

PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling
Cross-Border

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

“The dollar is a rock in a sea of troubles right now, outperforming all of its major rivals as interest rates rise and the economy shows signs of resilience,” said Karl Schamotta, chief market strategist, at Corpay in Toronto.

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