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Monthly Archives: July 2013
Strong US dollar and increased currency volatility hurting earnings
A stronger U.S. dollar is providing a serious headwind to earnings and that is likely to intensify over at least the remainder of 2013. This makes US stocks at peak valuations unattractive for investment. “We’re seeing a lot of high-level … Continue reading
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New study: Canadians can’t afford the houses they are living in
A new 18 page report on the Canadian credit and housing boom comes to a sober assessment which we have been warning on for some time: “Canada borrowed its way out of the 2009 Recession by stoking our residential housing … Continue reading
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Postcards from the real economy
As the business media is all a flutter about what words big Ben might include in his answers to the Senate today, we have a few more big picture postcards from the real economy to ponder, courtesy of Zerohedge: tech … Continue reading
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