Category Archives: Main Page

Conf. Bd: Alberta entering recession this year

Posted on January 13, 2015 by Danielle Park

And just like that, Canada’s growth engine implodes:   Alberta likely to enter recession this year. The Conference Board of Canada says Alberta will likely face a recession this year due to the plunging price of oil. The economic think … Continue reading →

Posted in Main Page | Comments Off on Conf. Bd: Alberta entering recession this year

Oil whacks S&P earnings in 9 out of 10 sectors

Posted on January 12, 2015 by Danielle Park

Surprise, surprise…right when 100% of the sell side analysts were predicting record profit levels in 2015: “Forecasts for first-quarter profits in the Standard & Poor’s 500 Index have fallen by 6.4 percentage points from three months ago, the biggest decrease … Continue reading →

Posted in Main Page | Comments Off on Oil whacks S&P earnings in 9 out of 10 sectors

The trouble with oil

Posted on January 12, 2015 by Danielle Park

With West Texas Crude under $47 this morning (West Cdn Select around $35), we must keep in mind the $10 to $40 range (green band below) where oil prices traded before the consumer credit bubble billowed them to anomalous heights … Continue reading →

Posted in Main Page | Comments Off on The trouble with oil