Monthly archive April, 2012
Is There Ever Enough Time To Do The Things You Want To Do?
To much to do not enough time to do everything has been the story of my life but for the month of April it has been heightened for whatever reason. I was expected to go on a mini vacation with some cousins as we planned the getaway in late December. The tickets and resort were...
US Jobless Claims Disappoint; The Fed Leaves Rates Unchanged; European Confidence Declines: Bank of Canada Warns of Household Debt Once Again
More Americans than expected filed for unemployment benefits. A sign the labour market is struggling to improve. Market expected 375,000, actual 388,000. Fed Chairman, Ben Bernanke, mentioned further easing would not be likely, yet if necessary the Fed will be ready to inject more liquidity if needed. Coupled with strong corporate earnings from Apple, the...
April Showers Bring Many Surprises
April showers bring May, Tsunamis, Tornadoes, Hurricanes and whatever Mother Nature wants to unleash on humanity. The weather in the first days of spring has been exceptional in Toronto. There was a week where we saw record temperatures hit 30 degrees Celsius or 90 degrees Fahrenheit. A Cold Front from the Artic was forced southward...
Gold Bounce From Key Technical Levels
With US employment numbers disappointing on Friday April 6th, a weekly close below USD$1626.90 could have sent Gold toward $1400 or less. Today though Gold rebounded, it is down $2.40 @ 1658.30; Silver slips $0.20 @ 31.48/USD/oz. With tensions in North Korea heating up, the price of Oil explodes $1.82 @ 102.84/barrel. High energy prices...
Presidential Race Begins; Canadian Housing Starts Climb; Greeks to go to the Poles;
The race for the Whitehouse begins; Democrat Barrack Obama vs. Republican Mitt Romney. It will be a long drawn out campaign in which the Presidency becomes a race of personalities rather than policies. It seems whoever wins enjoys the lifestyle more than the responsibilities. Talk is cheap unless it is backed by action. Millions of...
I think I love you!