|
Written by David Rosenberg - Gluskin Sheff
|
|
Friday, 01 October 2010 08:16 |
|
In Today's Breakfast with Dave
- U.S.A. Today: We want to emphasize how important it is to go back and re-read these two articles in Wednesdays USA Today edition Mortgage Rates Fail to Motivate and Recessions Impact on Us
- Gold still shining: We may not have a whole lot of conviction over the corporate profit outlook, but we do have conviction over the looming growth rate of fiat currency; gold, and silver, are likely going much higher still
- Housing affordability in the U.S. surges
so what?
- Renewed housing deflation
the culprit? A new wave of foreclosure supply is saturating the market
- Talk about insatiable investor income appetite: investors gobbled up $100bln of investment-grade bonds so far this month
- U.S. regional manufacturing indicators are mixed
.....read it all HERE
|
