10 Second Headlines

Special Edition

US Debt Down-Grade – Special Edition 10 Second Headlines of the Week – August 6, 2011 S&P Down-Grades US Debt + S&P down-grades US Debt from AAA to AA+ with a ‘negative outlook’. US… Read More


Employment Canada + Total jobs increased 7,100 vs 15,000 expected, unemployment rate 7.2% vs 7.4%. + Private Employment increased 95,000, best showing since April 2000. + Declines were in Education and Healthcare. Gains were… Read More


S&P Credit Ratings for G-20 Domestic Debt AAA Rating: Canada, Australia, France Germany, UK, US AA+ Rating and AA Rating: None AA– Rating: China, Japan, Saudi Arabia A+ Rating: Italy, S. Korea; BBB+ Rating:… Read More


Greece – second bail out package – “Restricted Default” + Leaders of the 17 Euro-zone nations agreed to a unprecedented plan to help contain the Greece debt crisis. + Overall plan is worth 109… Read More


Start of Earnings Season – better than expected According to Marco Lettieri, NBF Analyst, of the 2½% of S&P 500 companies that have reported earnings: + EPS up 23%, positive surprise of 8.9% +… Read More


Employment Canada + 28,400 jobs added in June, 2x expectations. 21,100 part time jobs and 7,300 full time. + Unemployment rate stayed at 7.4% because more people were looking for work. + Alberta added… Read More


Water – Larry Jeddeloh + Only 2.5% of all water is potable. + Around 66% of world’s fresh water supply is in icecaps and glaciers. + Demand for water in the US has tripled… Read More


Energy + International Energy Agency’s 28 member nations are releasing 60 million barrels of oil over the coming month in response to supply disruptions from Libya. + Libya pumped around 1.6 million barrels of… Read More


Manpower Survey – Alberta’s Employment + Edmonton: Q3 Net Employment Outlook of 23% is an increase from 12% in Q2. 27% of employers plan to hire while 4% are cutting back. + Calgary: Q3… Read More


Economic Summary + Canada’s unemployment rated declined to 7.4% vs 7.6% MoM, 22,300 net new jobs were added. Alberta’s unemployment rate was 5.4% vs 5.9% MoM and over the past 12 months Alberta had… Read More