10 Second Headlines


Canada + Consumer Confidence Index fell to 78.1 in September vs. 79.3 in August, this was the fourth consecutive decline. + Help-wanted index jumped 8% in August, increasing in 5 of 8 months this… Read More


US Economy + At the Federal Reserve meeting this week they expressed their willingness to act alone if needed, providing a “Bernanke put” for the economy. (Stefane Marion, Sept. 2010) + The risk of… Read More


Japan starts the race to devalue currency + Bank of Japan (BoJ) this week has purchased an estimated $23 billion U.S. dollars (selling Yen) to lower their currency. + In 2004, BoJ spent an… Read More


Spruce Meadows Conference – Friday, September 10th Mark Carney: + “Without the successful completion of G20 reforms, the current recovery is at risk.” Paul Volker: + “This isn’t what we normally think of as… Read More


Private Sector US Employment Improvement? + Private Sector employment increased 67,000 in August + Challenger Gray & Christmas reported planned job cuts were down 17% in August to the lowest level in 10 years.… Read More


To Stimulate or Not to Stimulate? + Fed Chair Ben Bernanke reiterated today they will do all that they can and “would provide additional monetary accommodation through unconventional measures if it proves necessary.” +… Read More


Friday News Summary + Canada July CPI up 0.5% m/m vs a decline of 0.1% in June; the increase was due to energy and HST; ‘Core’ CPI up 1.6% on a y/y + Alberta… Read More


GM –Quarterly Profit and IPO + Q2 earnings of $1.3 bill vs $865 mill Q1, best since 2004. + Global production up 47% vs a year ago. + Revenue rose to $33.2 bill vs… Read More


10 Second Headlines of the Week – July 23 2010 European Stress Test (results) + 84 of 91 European banks have enough capital to withstand a recession and sovereign debt crisis with a Tier… Read More


10 Second Headlines of the Week – July 9, 2010 Canada + Alberta’s recent petroleum land sale set a record of $2,084.86 per hectare, dominated by natural gas plays. + Canada aims to double… Read More