Boom Bust: Clinton, Trump economic policy, housing bubble worries in Canada
The top story: Chinese insurer Taikang Life is the latest player to join the ranks of Chinese companies making big investments abroad, this time in the global art market. Over the past few weeks, McDonald’s, Yum Brands and Starbucks have all described a new wave of restraint among customers eating out. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports on the lack of growth in startup businesses in the US, a part of the economy that has traditionally fueled job growth. Then, RT Correspondent Trinity Chavez details how both Boeing and Airbus have begun decreasing production of jumbo jets in favor of smaller aircraft.
After the break, Ameera talks to Kiplinger editor Doug Harbrecht about the economic policies of the major party nominees for US President Hillary Clinton and Donald Trump. And in the Big Deal, Ameera and Edward Harrison review the worries Canada’s leading housing agency is having about house prices in Vancouver and Toronto.