Monthly Archives: October 2009

But we knew Q3 GDP would be north of 3%

Watching markets roar up yesterday you have to shake your head. US Q3 GDP came in at 3.5% and within the 3 to 3.7% range that was expected; markets soared. Still on low volume; but prices soared nonetheless. The ludicrous … Continue reading

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BNN Wed October 28 at 8:35am

Ms. Park was a guest on BNN this morning Wednesday October 28 at 8:35am. The clip is available on the BNN web site here.

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Roubini this morning

Nouriel Roubini on CNBC this morning talking about government intervention since March that avoided a near-term depression but is unlikely to achieve the “V” shapped recovery the stock market is pricing.

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Crazy drivers are at it again

Speculation has officially gone free-money-mad in the world. Liquidity-dumps from governments are once again pumping bubbles around the globe as reckless players clamour to drive fast, drunk and without any saftey gear. Chinese analyst Andy Xie writes today: “This round … Continue reading

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Coming to Montreal Nov 6 and 7

I will be coming to Montreal November 6 and 7 to speak at the Montreal Investment Conference presented by Cambridge House International. Attendees can register free in advance through the Cambridge House web site using “PARK” as a promo code. … Continue reading

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Economic reality bites in the UK: "Unbelievable. Literally."

Today the U.K.'s latest gross domestic product data showed the economy shrunk by 0.4% in the third quarter and by 5.2% over the past year. And while anyone paying attention suspected the numbers were likely to be bad, apparently for … Continue reading

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