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Written by David Rosenberg - Gluskin Sheff
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Tuesday, 04 January 2011 11:35 |
In this issue
• While you were sleeping: equity markets remain firm across the board, U.S. dollar slipping, overseas data has been sparse and mixed
• Oh, Canada! The market clearly favours the country with the more sound national balance sheet and more solid long-term economic prospects
• Markets lining up behind Bernanke? Look for what happened in the past four months to have been nothing more than a bad case of misplaced optimism
• ISM – the good and the not-so-good: the headline numbers seem impressive but still below the peak posted last April
• A December to remember: half of the gains in the S&P 500 for 2010 can be attributed to the run-up in December
• Getting a grip: the U.S. economy has its share of structural problems that will come home to roost at some point
• Signs of exuberance abound
• What was the real surprise of the year? That we would close 2010 with the yield on the 10-year U.S. Treasury note anywhere near 3.3%.
• Is the sun rising in Japan?
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