Newsroom

Bloomberg: Stagflation Playbook for S&P 500 Gets Fresh Look Before CPI Data

“This is a turning point in the economy that we stand at and markets are really unsure as to what direction we’re going to go in,” said Karl Schamotta,chief market strategist at Corpay.

Read more
Aug 11, 2025
News2

Japanese yen jumps vs dollar, traders suspect intervention
Cross-Border

Japanese yen jumps vs dollar, traders suspect intervention

"It looks like the Ministry of Finance is intervening here. We are seeing lots of dollar selling and the yen moving almost vertically as shorts get squeezed," Karl Schamotta, chief market strategist, at Corpay in Toronto.

Canada's politicians will stay aligned with financial stability to avoid U.K.'s fate: Strategist
Cross-Border

Canada's politicians will stay aligned with financial stability to avoid U.K.'s fate: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his view on Canada's economic situation following the latest retail data. Schamotta says that the BoC could raise rates by either 50 or 75 basis points next week.

US stocks close lower as traders prepare for more Fed tightening
Cross-Border

US stocks close lower as traders prepare for more Fed tightening

“When you look at earnings overall, this looks like a peak in the cycle, especially in tech and industrials,” said Karl Schamotta, chief market strategist at Corpay.

Managing multi-currency budgeting against soaring inflation
Cross-Border

Managing multi-currency budgeting against soaring inflation

Despite Australia’s annual inflation rate sitting lower than its global counterparts, it recently increased to 6.1 per cent in the June quarter from 5.1 per cent compared with market forecasts of 6.2 per cent.

Doing business with a down dollar in B.C.
Cross-Border

Doing business with a down dollar in B.C.

“The [U.S. Federal Reserve] is clearly the biggest force here,” said Karl Schamotta, chief market strategist at Corpay (Fleetcor Technologies Inc.).

U.S. dollar advances as investors look to inflation data this week
Cross-Border

U.S. dollar advances as investors look to inflation data this week

"By illustrating continued strength in the labor market, Friday's non-farm payrolls report gave the Fed carte blanche to continue raising rates," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

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