Episode Details
Back to EpisodesContinuons 🗳 — Legault wins big. Credit Suisse is in trouble. And brands have too much merchandise.
Description
Francois Legault will stay in power as Quebec’s premier as his centre-right nationalist CAQ party secured a majority government in a cakewalk.
Credit Suisse saw a gauge of its credit risk rise to a record high while its stock hit record lows, raising doubts about its financial stability.
From Nike, to Walmart, to Canadian Tire, retailers and brands have more merch than they know what to do with as inventories bulge while consumers cut down on their spending.
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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.