Reed Construction Data Chief Economist Alex Carrick discusses current developments in Canada's economic environment. He also shares light-hearted reflections on life and current events.
communities « market insights « notes from alex carrick
There is a new fact of life that we have to deal with in the U.S. and Canada. That new reality is high world commodity prices. These are having a tremendous impact on costs and pricing, resource investment and currency values. Furthermore, there are a lot more players now and a lot more factors to take into account.
Yesterday was full of news on the economic front. U.S. housing starts, the inflation rate in Canada and the Federal Reserve’s latest interest rate announcement are all analysed in today’s blog entry.
Foreclosures tied to adjustable rate mortgages (ARMs) have led to problems for mortgage-backed securities (MBSs), which have necessitated a shoring up of capital by front-line financial institutions. Sovereign Wealth Funds have come to the rescue, as did the Federal Resrve last week.
In Jeopardy game-show fashion, the recent woes of Eliot Spitzer give rise to the following answer, “Only one, the Governor of New York.” But what are the six questions?
Comparing life to a million-piece jigsaw puzzle leads into a story about how information is power.
How do the Canadian February employment numbers match up against two key benchmark figures?
How do U.S. February employment numbers match up against two key benchmark figures?
There are some curious hidden meanings behind the place names of some of Canada’s major cities.
Former software guru and now automotive entrepreneur, Shai Agassi, has a plan to alter energy usage that is receiving a good deal of media attention.
Canada’s 2007 year-end housing starts have been finalized by CMHC and there are some interesting “rules of thumb” to be calculated.
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