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Bloomberg: US Stocks Slide as Government Reopens With Data Still Delayed

“Markets are struggling to gain traction this morning as the US government shutdown ends and a hawkish repricing in Federal Reserve expectations continues,” said Karl Schamotta, chief market strategist at Corpay.

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Nov 13, 2025
News5

Expect 3 BoC cuts in 2024. First one in June, other two by Fall: strategist
Cross-Border

Expect 3 BoC cuts in 2024. First one in June, other two by Fall: strategist

As investors await the latest, BoC rate decision, Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his outlook for the economy. Schamotta discusses housing risks, and adds BoC tone could remain hawkish for a while.

Interest rate cuts are coming, but the Bank of Canada won't say when
Cross-Border

Interest rate cuts are coming, but the Bank of Canada won't say when

Karl Schamotta chief market strategist at Corpay says the Bank of Canada’s Tiff Macklem "may not want to keep applying the brakes, but he also sees the danger in stepping on the gas pedal."

ENERSOURCE and Corpay announce strategic partnership to streamline vendor payments for solar installers
Payments AutomationVirtual Card

ENERSOURCE and Corpay announce strategic partnership to streamline vendor payments for solar installers

Solar installation companies to benefit from enhanced rebates and real-time visibility on material purchases

CANADA FX DEBT-Canadian dollar steadies ahead of BoC rate decision
Cross-Border

CANADA FX DEBT-Canadian dollar steadies ahead of BoC rate decision

“We think language in the accompanying statement, Monetary Policy Report and press conference will disappoint market participants expecting an imminent pivot toward easier policy.

Canadian dollar to 'fade back' as economy weakens
Cross-Border

Canadian dollar to 'fade back' as economy weakens

Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about how the weakening economy, central bank rate cuts and possible victory of Donald Trump could affect Canada's currency.

Corpay Unveils End-to-End Spend Management Solution, Corpay Complete
Corpay Complete

Corpay Unveils End-to-End Spend Management Solution, Corpay Complete

The number-one B2B commercial Mastercard® issuer in North America simplifies corporate payments and spending into one easy-to-use, all-in-one, mobile-ready platform.

Corpay products, powered by AI. See how we're leading the future of business payments.

Smarter payments. Stronger growth. Keep business moving.

See how Corpay brings AP, card programs, lodging, fleet and cross-border together