Monthly Archives: April 2008

Second quarter of US contraction now confirmed

Posted on April 30, 2008 by Danielle Park

Today we received the official first guesstimate of US Q1 GDP from the BEA. In real, after-inflation terms, we were told that the economy grew for the second quarter in a row by a sub-par but conveniently positive .6% “annualized”. … Continue reading →

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BNN interview today Wed April 30 at 920am

Posted on April 29, 2008 by Danielle Park

Ms. Park was the guest Portfolio Manager on BNN, Market Lookahead today at 9:20am. The clip is available for replay on line for a limited time after the appearance at www.bnn.ca.

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Housing Index heading off chart

Posted on April 29, 2008 by Danielle Park

Today the latest S&P/Case-Shiller Home Price Index fulfilled my expectations with an accelerated decline of -12.7% Y/Y in February, down from -10.7% Y/Y in January. The Composite-10 index was even worse at -13.6% Y/Y, down from -11.4% Y/Y in January. … Continue reading →

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