Is Canada the New Economic King of North America?
Update: Bank of Canada interest rate increase now reflected below. Oh, Canada. Looks like those natural resources and less risky finances are paying off. This morning Statistics Canada announced “real...
View ArticleFriday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Friday. The Nikkei suffered a fourth consecutive session of losses and fell 0.76 percent, punctuating its worst losing streak since November. The Hang Seng edged up 0.10...
View ArticleEuropean GDP Contracts and Producer Prices Plummet: Morning Buzzers
Stock futures declined on Wednesday morning as Mr. Market digested news that the euro zone remained mired in recession in the first quarter. On the other side of the coin, the data released by Eurostat...
View ArticleTuesday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Tuesday. Japan’s Nikkei climbed 0.13 percent, once again extending its five-year high as the yen weakened to 102.7590 to the dollar. In Hong Kong, the Hang Seng fell 0.54...
View ArticleTuesday Morning Cheat Sheet: 3 Stories Moving Markets
Major markets were mixed in Asia on Tuesday. Japan’s Nikkei index climbed for a fourth consecutive day, adding 1.78 percent — or 246.24 points — to 14,098.70. Relatively positive U.S. economic...
View ArticleFriday Morning Cheat Sheet: 3 Stories Moving Markets
Markets advanced in Asia on Friday, buoyed by strong U.S. economic data. Japan’s Nikkei index climbed 3.29 percent to 14,466.2 while the yen weakened to as much as 99.8 against the dollar before...
View ArticleInflation Expectations Hold Steady As Producer Prices Flounder
Source: http://www.flickr.com/photos/76657755@N04/ When Federal Reserve Chairman Ben Bernanke testified before Congress in May, he gave what could be interpreted as a mixed diagnosis of the health of...
View ArticleMonday Morning Cheat Sheet: 3 Stories Moving Markets
It’s Monday, October 21, and earnings season is in full swing. With corporate profits dominating the headlines and the recent fiscal-political snafu taking a seat on the back burner, the market is...
View ArticleDecember Bucks Disinflation Trend as Price Pressures Increase
Source: http://www.flickr.com/photos/76657755@N04/ December appears to have bucked the disinflationary trend. The U.S. Bureau of Labor Statistics reports that producer prices, a leading indicator of...
View ArticleIs the Fed’s Inflation Outlook Finally Starting to Match Reality?
Stan Honda/AFP/Getty Images Some economists at the Federal Reserve believe that managing inflationary expectations can sometimes be just as important as managing inflation itself. Fortunately for them,...
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