Sun Life Financial - Today's economy blog by Kevin Press

Today’s economy media pack – 2010.07.30

July 30, 2010

GDP numbers, Niall Ferguson on the decline of the American empire and inflation versus deflation.

Topic: Canadian economy / economic recession / economic recovery / financial planning / market volatility / retirement planning

This consumer’s lack of confidence

July 28, 2010

July has been a bad month for consumer confidence, here and in the U.S. The Conference Board of Canada reported yesterday that confidence fell 3.7 points on its index to 80 this month. That’s the second consecutive monthly decline. South of the border, the Conference Board reported that its sentiment index dropped to 50.4, a five-month low.

Topic: Canadian economy / economic recession / economic recovery / financial planning / job loss

Why interest rates may rise more gradually

July 26, 2010

Despite its decision to raise the overnight rate by one-quarter of a percentage point twice in the last two months, it appears we can expect future increases to come at a more measured pace. The Bank of Canada’s key lending rate is now 0.75%.

Topic: Canadian economy / economic recession / economic recovery / financial planning

“Thanks for the mention Kevin. Wow, a great collection of reading material, as usual. Have a great weekend....”
Posted by Canadian Capitalist on Today’s economy media pack – 2010.07.30
“Great point Moneyedup. That has to be a contributing factor. How are you feeling about big purchases these day...”
Posted by admin on This consumer’s lack of confidence

RT @financialpost: Roundup: What the analysts say, U.S. Q2 GDP http://natpo.st/a6mtzB 21 hours ago
RT @financialpost: Wealthy Boomer: Canadian investors’ confidence in finances lowest since early 2008: Russell http://natpo.st/bgyQyZ 21 hours ago
RT @globeinvestor: Canadian GDP edges higher: Statistics Canada says economy grew 0.1 per cent in May after flat reading in April... htt ... 21 hours ago
RT @globeinvestor: U.S. economic recovery losing speed: Economic growth of 2.4% in second quarter the weakest in nearly a year... http:/ ... 21 hours ago
RT @globeinvestor: Why Canadian retirees are better off than Americans: Adviser Ted Rechtshaffen looks at why Canadians should not fear. ... 21 hours ago

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