Resources

Globe and Mail/Reuters: Canada's deflating housing bubble stymies wealth effect of booming stock market

"Households tend to treat equity portfolios as ephemeral paper wealth, while the family home, by contrast, anchors financial plans and, crucially, underpins the credit cycle," said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

Wall Street Journal Market Wires: Canada's New Sovereign-Wealth Fund Lacks Key Component: Sovereign Surplus

“Canada says it is launching a sovereign-wealth fund, with proponents pointing to benefits secured in Norway. Any resemblance between Canada and other countries with sizable sovereign-wealth funds is "superficial," says Karl Schamotta, Corpay.

Axios: What Japan signals about the war-hit economy

Like the BOJ, other central banks this week will "hold rates steady as they all face slightly different versions of the same dilemma," Karl Schamotta, chief market strategist at global payments firm Corpay Cross-Border Solutions.

The Card-First Approach to Spend Modernisation

Wall Street Journal: Dollar Weakens as Investors Hope for Iran War De-Escalation

“On a trade-weighted basis, the dollar’s wartime rally has now been fully unwound,” Corpay Cross-Border Solutions’s Karl Schamotta writes, adding that the greenback is “a touch weaker” than right before the first U.S.-Israel attacks on Iran on February 28.

AC Milan and Corpay Cross-Border Extend Their Partnership

The two brands reaffirm their commitment to connecting people and businesses globally, driven by an innovative vision.