U.S. economy is picking up; Canada’s expansion continues in fits and starts
Threats to growth include the financial market turmoil in Europe and rising household indebtedness
One of the biggest concerns is the condominium market
Housing sector will cool down as housing affordability becomes more of a challenge
Problems overseas will put a damper on 2012 economic expansion
Key risk to improved global market sentiment is Europe
With government bond yields at the lowest levels for a generation, equities offer the best value in 2012
The TSX is trading more than 1,800 points, or 13.7%, below where it sat at the start of the year
Scotibank forecasts growth below 2% for Canadian economy