Archive for May, 2008
May 17th, 2008 | No Comments »
As the boom in commodity prices stretches on , expectations are more than bullish than ever. China’s strong economic growth and a hunger for raw materials and commodities such as copper , iron ore and aluminum have produced the foundations for sharp rises in commodity prices over the past five to seven years. [...]
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May 14th, 2008 | No Comments »
The Federal Reserve reported recently that consumer credit — basically everything we all owe money on except our houses — rose more than 7 percent last month to $2.5 trillion worth of revolving debt. And the price tag is mounting daily as interest charges accumulate even though most Americans are pulling in their belts and [...]
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May 6th, 2008 | No Comments »
To date, fully 3.25% of Fed cuts have knocked only 1.5% points off 10-year US bond yields; thirty-year bond yields are barely 0.6% lower.
So while Ben Breanne’s big fix for the housing market has failed to squash longer-term mortgage rates, it’s also failed to reduce interest rates for the government, too. It also represents an [...]
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May 6th, 2008 | No Comments »
Remarkably in this environment , core inflation has remained quite muted. Nevertheless the Bank of Canada , resumed its expected tightening moves in the last years. Overnight rates may be hiked more than once in the next coming months.
Labour markets are tight and tight to the point that labor shortages may become evident in [...]
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