Canadian Marketplace: Forestry sits with a slight hangover from years of being assured it would be getting nothing from the feds while waiting on hands and knees with a very modest wish list regarding relief or remedial action of some sort for their industry.
- Canadian Marketplace: A new poll suggests a majority of Canadians are comfortable with billions of dollars in government loans for the ailing auto industry. Apparently 56% of respondents supported the notion of proportional repayable loans, while 33% were opposed.
Of course in Ontario, being the heart of Canada’s auto industry, showed the most support for the bailout, to the tune of 62%. Atlantic Canada being a close second at 60%. Go figure. British Columbians narrowly favored this pact.
- US Marketplace: Retail sales in the US during the holiday season were down approximately seven percent from a year ago due in part to a weak economy and wide spread winter storms. I believe we could add high unemployment and very uneasy consumers to that list. Hey, when the gals that spend most of the household bucks get nervous about the next pay check, the purse is likely to be left sitting on the kitchen counter.
- US Marketplace: Wal-Mart will begin selling Apple’s popular iPhone this weekend. Wal-Mart will become the second independent retail chain after Best Buy Inc. to sell the phone It is also sold at Apple Inc. and AT&T Inc.
- International News: Dec. 25, 2008, Asian Markets mixed in quiet holiday trading.
…..Doug T
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Friday, December 26th, 2008 at 11:05 am
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