Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
These excerpts are from an article printed by The Globe and Mail on January 6th:
"Canada is not technically in a recession, but to the vast majority of consumers, it feels like one. Economists, Statistics Canada and the Bank of Canada have been telling Canadians the country has been out of a slump since mid-2009, and is now well into a period of expansion. But Canadians see things differently. Despite the economy’s relative strong health in a world marked by tumult, they are the most pessimistic they’ve been in over a decade – and fully 70 per cent believe the nation is in a recession, according to an annual tracking poll released Thursday."
In that post I made reference to a number of markets to wrap up 2011. I'll provide commentary on those markets to wrap up and compare the action this past week.
The Nasdaq 100 Index was the biggest gainer, with the Dow Utilities the biggest loser, compared to the Dow 30, Dow Transports, S&P 500, and Russell 2000 Indices, as shown on the 4-Day graph below (courtesy of www.Stockcharts.com).