Year: 2012
The triple whammy of a rotten U.S. jobs report, slowing growth in China and India, and the escalating European debt crisis has hit Canada’s economy and financial markets everywhere. Stock market indexes are plunging, and other signs of distress are proliferating. The drop in commodity prices—reflecting weakening global demand—has hit Canada and Australia hard as…
April 17, 2012
Category: Strong job numbers support Bank of Canada's optimism about a rebound: Economist Uncategorized
BMO’s Sherry Cooper: Investing In E-Tailing
Interest rates for longer-maturity government bonds are finally rising, triggering concern that higher rates could derail the U.S. expansion. The 10-year Treasury yield is currently at about 2.30%. That’s up about 60 basis points since September. Should this continue, Canadian mortgage rates could move off their lows and dampen the housing boom that has already…
April 10, 2012
Category: Strong job numbers support Bank of Canada's optimism about a rebound: Economist Uncategorized
BMO’s Sherry Cooper: The Value Of E-Tailing
Ironically, while many are focussing on the negative impact of high gasoline prices on the U.S. economy, oil production in the U.S. is surging, providing the largest stimulus to growth and job creation since the recession began in 2007.
March 9, 2012
Category: Strong job numbers support Bank of Canada's optimism about a rebound: Economist Uncategorized