World Moneyshow Toronto Saturday

I will be speaking from 3 to 4pm tomorrow at the annual World Moneyshow Toronto, held at the Metro Convention Centre downtown. You can register to attend for free on their web site here.  My presentation is called:  “Benefits of the bubble: gifts given and lessons learned from the credit bust.”

After note:  my talk was taped by the Moneyshow and will be available as a webcast shortly.  We will post the link when it is up.

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Massive global deleveraging negative for over-valued markets

“U.S. growth has slowed to 1.3%. Greece and Spain are in recession and China’s economy has lost momentum for seven consecutive quarters and is now growing at 7.4%. At the same time stocks continue to rally and the S&P 500 Index (GSPC) is trading near its year-to-date high.

Gary Shilling, president of A. Gary Shilling & Co., calls this the “grand disconnect.” He tells The Daily Ticker, “Either the economies of the world have got to come to life and… rise to meet investor expectations or investors have got to come down to earth. The latter is more likely.”

Here is a direct link.

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Danielle’s weekly market update

Danielle was a guest today on Talk Digital Network with Phil Mackesy talking about recent developments in the global economy and markets. Here is a direct link.

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