Recession Watch

Recession Watch

Recession WatchEarnings RecessionIs GDP Flatlining?High-Yield – Rising DefaultsReverse DeleveragingWho Are These Reckless Borrowers?Working Out of DebtSan Francisco, Portland, New York “Growth is never by mere chance; it is the result of forces working together.” –...
Confusion, Uncertainty, and Directionless

Confusion, Uncertainty, and Directionless

The three words in the title sufficiently describe the state of the globes financial markets. Although, directionless might be a little over optimistic given the S&P 500 is down nearly 6 per cent over the last 3 months and the yield on the US 10 year bond has...
Loonie Fades US Dollar Plunge

Loonie Fades US Dollar Plunge

USDCAD Overnight Range 1.3187-1.3265         The US dollar plunged following the worse-than-expected nonfarm payrolls report.The Canadian dollar rallied but only for a nanosecond. A steep plunge in WTI prices (from $45.25 to $44.20/barrel) took the bloom off the rose...
Top 3 Articles of the Week

Top 3 Articles of the Week

1. The Week Begins On A Scary Note     by John Rubino – DollarCollapse.com The US markets awoke to news of several big, disturbing overseas events. Stock markets around the world were spooked by these and other stories…. …..read more HERE 2.  Jim Rogers: Oil...
Market Buzz – Canadian Pharma Stocks Big and Small Face Wild Week

Market Buzz – Canadian Pharma Stocks Big and Small Face Wild Week

It was a wild ride for Toronto’s main index this past week as what was Canada’s largest company by market cap, Valeant Pharmaceuticals Intl Inc. (VRX:TSX), woke up Monday to a significant storm. Democrats on the U.S. House of Representatives committee on oversight and...
test-php-789