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Archive for August, 2012

Canadian Economy Stuck in Neutral

The Canadian economy has transitioned into a period of modest economic growth. However, a near 2% pace of real GDP growth is respectable considering the recent deterioration in the global economic backdrop. In particular, it is nice to see that businesses remain willing to spend, albeit moderately, despite global uncertainties.

Consumer sentiment hits three-month high

Consumer sentiment climbed to a three-month high in August as households made progress paying down debt, but future expectations remained grim, a survey on Friday showed.


Bernanke: Fed can do more to help economy

High unemployment is a “grave concern” and the Federal Reserve will step in to help the economy if it doesn’t recover, Fed Chairman Ben Bernanke said Friday.

Stocks rally as investors look to the Fed

Stocks rallied Friday as investors stepped back into equities ahead of a much-anticipated speech by Federal Reserve Chairman Ben Bernanke.


Bernanke With a Bit of ECB Risk Thrown In

As if to remind us that Bernanke is not the only show on the road in the next few weeks Eurozone officials have been out in force today to remind us that the ECB meeting next Thursday is also going to be a major driver of markets in the medium

Weekly Focus: Waiting for Draghi’s Big Plan

The economic data release in the past week continues to suggest that global growth is deteriorating, although there are a few bright spots in the US economy. The US housing market shows some signs of improving and retail sales remain relatively resilient. Spanish GDP figures have been revised downwards. We
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