10 Second Headlines

09-Apr-2010

Global View of the Canadian dollar – Higher or Lower? + Canada is a safe-haven currency given our stable monetary and fiscal policy. + Canada’s resource base is ensuring our participation in the global… Read More

01-Apr-2010

Quebec’s Response in our 9th Step of Economic Recovery + The budget announced this week introduced new sources of revenue and tighter control of spending. + A second 1% increase will bring QST to… Read More

26-Mar-2010

Interest Rates + Average Prime Rate in Canada for the past 10 years is 4.87%, currently prime is 2.25%, the lowest rate in the past 10 years. + Average posted 5 Year Mortgage Rate… Read More

19-Mar-2010

China + 1 in 2 Chinese are unhappy over inflation . Premier Wen Jiabao said that inflation, along with income inequality and corruption could upset social stability and undermine the power of the state.… Read More

12-Mar-2010

Ottawa + Federal Government has opened up access to foreign investment in the telco sector. BCE, Rogers, and TELUS have become more attractive to foreigners. United States + Household and business sectors continue to… Read More

05-Mar-2010

US Productivity Productivity of the US worker surged 6.9% in Q4 2009, largest one year gain since 2002. Size of the workforce is no larger today than in September 1999, yet the economy is… Read More

26-Feb-2010

US Consumer February Consumer Confidence down 10.5 to 46 (average 71). New Home Sales hit a record low 309,000 annualized, breaking the March ‘09 low of 332,000. Existing Home Sales down 7.2% in January.… Read More

19-Feb-2010

Up close with Dennis Gartman

My partner, Jane Alm, had a chance to meet with Dennis Gartman this week. The following are the key points from their meeting:

10 Second Headlines for the Week – 12-Feb-2010

Canadian Housing Bubble

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  • Finance Minister Jim Flaherty is being pressured to do any or all of the following: increase minimum down payments, reduce amortization, and tighten lending… Read More

10 Second Headlines for the Week – 05-Feb-2010

US Economy President Obama proposed $3.83 trillion budget ($1.56 trillion deficit), recommended increasing taxes on energy, banks, and families earning more than $250,000. US defense spending is about 75% of the country’s personal income… Read More