Archive for March, 2009

As Canadian and international policy-makers work to create a more stable, efficient global financial system, Canada has much to offer from its own experience, Bank of Canada Governor Mark Carney said today.

Across the world’s major economies, addressing the failures of banking ranks among the highest policy priorities. In the harsh glare of the current financial turmoil, it is clear that many banks outside of Canada were either not doing their jobs or were doing them in
ways that created enormous risks.

Dear Trader,

TSG Stock Market Letter
Week Ending March 27, 2009
Topics Discussed This Week:

* Rally just keeps on going...
* Leaders fall behind
* Earnings - Getting worse but not as fast...
* Home sales pick up at the expense of prices
* Elliott Wave says stocks heading down...

It was another good week for stocks driven higher by
expectations ...

Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups

Click for the full report.

Equities remain resilient in the short term with the Asian markets leading the way higher. The long term strategy here has been to expect bond yields to rise as the competition from emerging market equities outweighs the safety of government bonds (togther with
the all too familar inflation story).