Markets and Impacts from Terrorism

Markets and Impacts from TerrorismA wave of violence has been gripping the world for the past few months, including the most recent one in Nice, France on Bastille Day where 84 (and counting) had been killed from a lone truck driver whereby early reports are conflicted if ISIS was involved.  And then there was the killings in Orlando back in June that took 49 at the Pulse nightclub. And the incident at Istanbul’s airport…

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Deflation – Living in a World of Falling Prices

Deflation - Living in a World of Falling PricesNorth America’s only enduring bout with deflation was in the Great Depression of the 1930s, a lost decade of economic hardship, high unemployment and falling prices. While there’s no immediate worry that we’re headed there, the debate has heated up as Europe copes with deep recession and a banking system on the brink. Even the U.S. is struggling after four years of weak growth. Deflation is a prolonged period of…

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Canadian Economic Growth Slows to Crawl

Canadian Economic Growth Slows to CrawlThe growth rate of the Canadian economy slowed to a crawl in the fourth quarter of 2011, Statistics Canada reported Friday. At an annual rate, real gross domestic product (GDP) grew 1.8 per cent in the fourth quarter, after a 4.2 per cent increase in the third quarter. The actual growth in the quarter was 0.4 per cent, compared with one per cent in the third quarter, the agency said. …

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Loonie Closes at 12-month Low

Loonie Closes at 12-month LowThe Canadian dollar closed below 96 cents US at a 12-month low Friday, as traders moved into more widely traded U.S. dollar denominated securities. The loonie’s official Bank of Canada close was 95.40 cents US, down 1.07 cents. It hasn’t been that low since Sept. 8, 2010. It has lost 1.74 cents this week. Markets are concerned that a slowing global economy will hurt exporting countries such as Canada. The…

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