Fiscal stimulus raises the odds for improvement in the U.S. economy: Scotia Economics
Longer-term risk-reward outlook has dramatically shifted in favor of equities
- By: James Langton
- December 17, 2008 December 17, 2008
- 15:55
Longer-term risk-reward outlook has dramatically shifted in favor of equities
Trading halted to ensure market integrity
Expectations of financial industry firms up slightly
Morgan Stanley reports Q4 loss
Canadian dollar up sharply
$20 billion deficit is a price worth paying for a faster recovery and a return to consumer confidence
Housing starts tumble to record low
Unemployment rate to climb to 7%
Goldman Sachs posts US$2.12 billion Q4 loss
U.S. markets finish lower
Monthly sales fall to the lowest level since Jan. 2001
European banks facing huge losses from hedge fund scheme
Ritchie Bros. added to TSX benchmark
RIM, Goldman Sachs release results
Flaherty to meet with the provincial and territorial finance ministers
U.S. markets shrug off collapse of auto bailout
Dividend payments to resume
Fifth straight quarterly decline in the manufacturing sector
Markets tumble in Asia, Europe
TSX slides 2.8%
Energy, technology, and pharmaceuticals also showing strong potential buying opportunities
Most companies don’t expect to change their long-term production levels: survey
Credit conditions expected to show gradual improvement
Consumers remain cautious and expect to curtail spending this holiday season
U.S. trade gap widens