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Written by David Rosenberg - Gluskin Sheff
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Wednesday, 08 December 2010 08:55 |
In this issue
• While you were sleeping: Global equity markets mixed overnight; bonds continue to drift higher; stranger things can happen at this time of the year
• Second take on the latest fiscal stimulus announcement: Upon closer inspection, there was no “new” information in President Obama’s announcement
• It is clear that the U.S. Federal Reserve is targeting the equity market
• End of the V-shaped industrial recovery: We may have some early signs of a peaking-out in industrial activity
• Is the consumer credit contraction over in the U.S.? Hell no!
• Bank of Canada on hold for as far as the eye can see
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