Loading ...Wow, it’s been 1.5 years since I updated this blog and the issues that we were facing then are pretty much the same as they are today i.e. I’m still worried about all the money printing that the governments are doing. Money printing as noted through the various blogs stimulates the economy…unfortunately there is a […]
Economics:
There were lots of weak US economic numbers released today. Industrial production in April fell 0.7%, capacity utilization dropped to 79.7%, the Philly Fed index contracted again with another negative reading of 15.6, the New York Empire manufacturing index fell to negative 3 while the prices paid component posted a large increase to another record […]
Economics:
Canada’s employment added 19,000 in April but saw its unemployment rate climb to 6.1% from 6.0%. Details were on the weak side as the important manufacturing sector lost another 15,000 jobs and the private sector lost another 8,000 positions. Most of the new jobs were in the self-employed and services industry which tend […]
Economic Recap:
US payroll numbers for April showed a decline of 20,000 jobs. To my surprise, the markets rallied on the bad news as expectations were for a loss of 80,000 jobs. The details behind the headlines were much worse as 344,000 full time jobs were lost, to be replaced with 306,000 part time jobs. To […]
