•US Markets: No economic data scheduled for today, and very little corporate news expected for the week. Some analysts expect investors to jump back into the market in search of BARGAINS, as the year end nears.
•US Markets: If Barack Obama’s super duper stimulus plans come to pass, it is anticipated that the economy will get a kick start and thus individual and corporate wealth will flourish going forward.
•US markets: All US markets showing early losses due to some disappointing financial news. The exception being 10 and 30 year bonds which are up.
•US Markets: Data for nov. new home and existing home sales due to be reported tomorrow–tue. Anything remotely positive would be encourging. Don’t hold your breath.
•Canadian Markets: TSX showing early losses in all sectors/information technology being the exception.
•Canadian Markets: Finance Minister Jim Flaherty gives banks a deadline of just a few weeks to get more loans out into the canadian sagging economy providing stimulous to corporate and consumer spending.
…..Doug T
