Monthly archive December, 2012
CIBC Outlook for Canada Economy Bleak for 2013; Obama the Person of the Year; Canadian Makes History;
The Canadian economy is in for weaker growth in 2013, according to CIBC’s latest economic forecast. The bank cites a continued weak global economy and a lack of key domestic economic drivers for its lowered forecast of economic growth next year. CIBC now says it expects Canadian GDP to rise by a “very mediocre” 1.7...
Oil Continues to Rise on Hope?
Nothing seems important after what occurred in Newport, Connecticut with the loss of so many innocent people, especially children. Yet the markets are open and life goes on. Today Gold tries to regain its’ grip as it is up $3.10 @ 1674.00; Silver took another heavy hit, down $0.34 to 31.33/USD/oz. Oil continues to run...
Who was Really to Blame for the Hoax Gone Wrong?
Something that has been bothering me for a while involves the fallout from the hoax in England in which an Australian radio station duped a nurse, pretending to be the Queen and Prince and wanting to know the status of their grand daughter Kate, The Duchess of Cambridge, and her condition. The nurse Ms. Jacintha...
Madness Before Christmas
We all witnessed it again, a tragedy beyond what any reasonable person could comprehend or ever imagine being true; Simply a nightmare for the 26 families who lost members of their family to the lunacy of a young adult who probably had mental issues. There was no age discrimination as a majority of the casualties,...
End of Movember Brings us to the Stretch Run and End to What?
Movember has come and gone as the efforts of many individuals helped educate and hopefully eradicate a disease that may have become on par, for men, in terms of what breast cancer has become to women, simply a killer. Congratulations to all for your efforts and hopefully your goals were accomplished. Now we move on...
Commodities: The Calm Before The Storm
The Greeks are diverting from complete austerity, trying to keep the populace from total revolt, so how do they accomplish this? They spend borrowed money to cover their debts, simply buying time and avoid the inevitable. Meanwhile the Americans are waiting for political decisions to avoid the pending financial cliff that could spiral them into...
Manufacturing Data in China Gives the World a Bit of Promise. Greeks Paying off Debt with More Debt?
Manufacturing data from China released over the weekend lifted market sentiments as the week starts and sent Asian equities generally higher as well as European and North American markets. The official manufacturing PMI improved to a seven-month high of 50.6 in November. While the figure was slightly below expectation of 50.8, it does suggest that...
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