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Daily Archives: December 7, 2017
A word on analyst forecasts as we approach year end
As we move into year end, the airwaves are full of analyst forecasts for further equity gains in 2018. Saved from bankruptcy by government bailouts in 2008 and emboldened by years of central bank asset buying since, the long always … Continue reading
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BOC: Canadian economy looking ‘uncertain’ into 2018
Bank of Canada sat tight today–no rate hike–seeing economy weakening into 2018. With the 10 to 2 year Canadian government yield spread now .36% versus .75 a year ago (red arrow), the bond market also sees slow growth looking into … Continue reading
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