Citing a wide array of data sources as well as 80’s pop songs, CIBC Managing Director and Chief Economist Avery Shenfeld made a strong case for a new normal of lower energy prices, slower economic growth, and lower interest rates emerging after the Great Recession.

Shenfeld was a featured speaker at the 2016 EnerCom conference in Denver. Here is an abbreviated version of his key points.
The macro picture
Comparing growth trends in per capita GDP from Japan and South Korea with China’s history, we should expect more muted economic growth fr...


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