Green shoots in Canada

Discussion in 'Economics' started by bond_trad3r, Jun 5, 2009.

  1. job loses destroy expectations. Unemployment rate 8.4 vs. 8.2 expected. This is the signs of a recovering world economy. Not!
  2. Mav88


    Moose ate the shoots?
  3. S2007S


    There will be plenty of green shoots in todays job report, even a minus 450,000 job loss would be the biggest green shoot yet. Dow 10000 by end of June. Buy all dips, risk free money.

  4. Green shoots!!

    Dow 10,000 indeed.
  5. 345,000 Green shoots!!!
  6. Q: How are the job loss numbers "better" then expected yet the unemployment rate is "worse" then expected?

    345,00 vs 520,000 and 9.4 vs 9.2

    A: Green Shoots
  7. Our biggest concern right now in Canada is the rising value of the CAD vs. USD. Exporters are losing out big time, which is why you see the sharp drop in the manufacturing sector (especially in Ontario). Many economists predict parity again by the end of 2009. Bad for exporters, good for my travel plans and cross border shopping raids.