Outlook

Q4 GDP Forecasts: 0.7% to 2.0%

From Merrill Lynch The retail sales data nudged 3Q and 4Q GDP tracking a tenth lower to 2.1% and 1.5% qoq saar. [Dec 13 estimate]emphasis added From Goldman Sachs: Following today’s data, we lowered our Q4 GDP tracking estimate by one tenth to +1.8% (qoq ar). [Dec 13 estimate]From the NY Fed Nowca ...

The Fed’s Recent “Not QE” Is “Not Working” and People Are Starting to Notice - Nathan McDonald (13/12/2019)

December 13, 2019 The alarm bells are ringing all across the financial industry, and the mainstream media is finally starting to take notice of just how big a mess the repo markets truly are. The Federal Reserve have been tossing money at the repo markets since riding in on their white horses in ...

US Open – Brexit is Coming, Trade Progress, Dollar tumbles, Oil rises, Gold’s resilience

Last night was a historic night for Boris Johnson as his Conservative Party delivered a crushing election victory over Labour.  Johnson’s party tore down the “Red Wall”, just like Viserion the Ice Dragon did at the end of season 7 in Game of Thrones.  A ton of uncertainty has been lifted f ...

Tech Talk for Friday December 13th 2019

  Observations The S&P 500 Index, Dow Jones Industrial Average and NASDAQ Composite Index moved to all-time highs on China/U.S. trade news   StockTwits released yesterday @EquityClock Citigroup $C, an S&P 100 stock moved above $76.28 extending an intermediate uptrend. S&P Bank SPDRs $KBE moved ...

Asia Midday Update. A Crushing Win UK Conservatives

UK Election Labour’s Corbyn concedes, Liberal’s Swinson loses her seat, SNP massive gains North of the border. Tories on track for a crushing win in today’s election with 200 of 650 seats left to declare. GBP rallied two per cent overnight but is unchanged in Asia at 1.3470, next resistance ...

Conservatives on course for massive majority

Sterling soars as Conservatives head for a majority The pound is soaring after the exit polls showed the Conservatives winning a strong majority in the 2019 general election. This has been a bitterly fought election that has once again divided the nation but perhaps not as much as it could have. S ...

“We had our kids late—will we ever be able to retire?”

Natasha Hall was 40 years old when she became a parent. The broadcaster and radio host, who had been in a long-term, committed relationship, figured it was now or never. “I always knew I wanted to be a mom but I couldn’t quite get my act together to settle down properly, and my guy was kind of ...

Closing Strong

The Northern Trust Economics team shares its outlook for U.S. economic growth, inflation, unemployment and interest rates. ...

Business Breakfast with OANDA on Jazz FM

OANDA Senior Market Analyst Craig Erlam speaks to Michael Wilson about the UK election as the polls are about to open, the Fed, Saudi Aramco, Amazon’s attempts to invest in Deliveroo and UK pub openings. Michael is also joined by Richard Black from the Energy and Climate Intelligence Unit to dis ...

CWC Energy Services Corp. Announces 2020 Capital Expenditure Budget

CALGARY, Dec. 12, 2019 /CNW/ – (TSXV: CWC) CWC Energy Services Corp. (“CWC” or the “Company”) is pleased to announce that the Board of Directors has approved a 2020 capital expenditure budget of $6.7 million, $6.0 million of which is maintenance and infrastructure capital related to rece ...