Market impacts due to war

A 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 wasContinue Reading

North 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 systemContinue Reading

The 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 actualContinue Reading

The 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 lostContinue Reading