Economics

Economics of retirement in 2010

As we move toward the end of 2010, it’s worth reviewing what has changed – and what hasn’t – in the economics of retirement. We’ll do that by looking at the performance of the global economy and markets this year, investor perceptions of that performance and the ongoing public policy discussions around retirement income in Canada, as well as the impact that each of these factors might have on those who are saving and investing for retirement.

By Peter Drake |December 22, 2010

6 min read

Economic Indicators

Cheerful holiday forecast for the U.S. economy

UBS has issued a strong outlook for the U.S. economy, citing strong durable goods orders, growing income and an excellent spending forecast. While durable goods orders were weaker in November due to a drop in aircraft orders, a rebound is expected. Increases in income and consumption are also forecasted for November in light of the […]

By Staff |December 21, 2010

2 min read

Economic Indicators

RBC sees slow, stable growth for 2011

The Canadian economy will strengthen in the new year, although it will fall short of historical post-recession recoveries with growth held to just 3.2%, according to RBC Economics.

By Steven Lamb |December 15, 2010

2 min read

Economic Indicators

Carney debunks cheap money strategy

It was a gloomy economic outlook gift wrapped in the promise of a low interest environment. The temptingly titled Live with Low for Long speech by Mark Carney, governor, Bank of Canada, was anything but the Christmas gift it sounded like. Speaking at the Economic Club of Canada in Toronto, Carney said interest rates at […]

By Vikram Barhat |December 14, 2010

3 min read

Canada’s capacity utilization jumps

Canada's capacity utilization number for the 2010 third quarter was up rather smartly at 78.1% versus a revised second quarter's 76.9%, up from 76%. Although the rate of change is softer than previous quarters, it bested the street median forecast at 76.5% by a wide margin, as well as our own slightly more optimistic 76.6%.

By Staff |December 13, 2010

2 min read

RBC: Economic confidence drops

Canadians are starting to get worried. The results of RBC’s Canadian Consumer Outlook Index for September indicate that on the whole, the faith Canadians have in the economy is slipping. 60% believe the overall outlook is good. That is down seven points from last quarter. Job anxiety has climbed two points to 22% and fewer […]

By John Powell |October 1, 2010

1 min read

Giving takes a backseat in recession

He who wishes to secure the good of others has already secured his own, the saying goes. By that token, North Americans may not be feeling particularly secure. Allocations to philanthropic activities by high-net worth individuals’ (HNWI) increased in all regions except North America in 2009, according to the latest Capgemini/Merrill Lynch World Wealth Report […]

4 min read

A.M. market data for June 24, 2010

North American markets Back to Top Open Change YTD Dow Jones 10,298.44 +4.92 or +0.05% -1.24% S&P 500 1,092.04 -3.27 or -0.30% -2.07% NASDAQ 2,254.23 -7.57 or -0.33% -0.66% TSX 11,807.50 +9.56 or +0.08% +0.52% International markets Back to Top Open Change YTD Nikkei 9,928.34 +4.64 or +0.05% -5.86% Hang Seng 20,733.49 -123.12 or -0.59% […]

By Staff |June 24, 2010

1 min read

A.M. market data for June 23, 2010

North American markets Back to Top Open Change YTD Dow Jones 10,293.52 -148.89 or -1.43% -1.29% S&P 500 1,095.31 -17.89 or -1.61% -1.77% NASDAQ 2,261.80 -27.29 or -1.19% -0.32% TSX 11,797.94 -138.14 or -1.16% +0.44% International markets Back to Top Open Change YTD Nikkei 9,923.70 -189.19 or -1.87% -5.90% Hang Seng 20,856.61 +37.53 or +0.18% […]

By Staff |June 23, 2010

1 min read