OECD
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Cashing in on Canada: Four Ways to Profit – Big – From the World's "Safest Economy"
Canada is more than just back bacon, maple syrup, and hardscrabble-mining claims. It's a leader in natural resources, precious metals, and such alternative-energy investments as oil sands. In fact, Canada right now boasts one of the world's most compelling targets for investors' hard-earned money. In this free report, find out exactly how you could be making a fortune in what is widely considered the world's "safest" economy... -
Cashing in on Canada: Four Ways to Profit – Big – From the World's "Safest Economy"
Canada is more than just back bacon, maple syrup, and hardscrabble-mining claims. It's a leader in natural resources, precious metals, and such alternative-energy investments as oil sands.
In fact, Canada right now boasts one of the world's most compelling targets for investors' hard-earned money. Consider that:
- Through 2008, Canada enjoyed 12 straight years of budget surpluses.
- Since the outset of the global financial crisis, not a single Canadian bank failed.
- Canada was the first G-7 nation to raise interest rates.
- And while Canada has already reaped the benefits of a full 10 years worth of a full-blown bull market in commodities, there are at least 10 years more to go.
For the four best profit plays in the world's safest economy, please read on... -
Canada: The World's Economic Compass
If you're looking for a reliable investment, look no further than our neighbor to the north. This oft-overlooked country is quickly emerging as one of the world's strongest economies. Find out why in this report...
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Canada: The World's Economic Compass
If you're looking for a reliable investment, look no further than Canada.
It's strange, but with so much talk about troubles in the United States, Europe, China and the Middle East these days, one of the best-performing economies in the world is often overlooked.
Of course, that's finally started to change since the financial crisis has exposed our northern neighbor as a model economy - something the Group of 20 (G20) summit highlighted last weekend.
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Is the Plunge in Commodities a Bear Market Signal for Stocks?
The biggest slump in commodity prices since 2008 is undermining confidence on Wall Street and fueling speculation that a new bear market has been born.
Despite forecasts for accelerating economic growth and higher prices, commodities, with the notable exception of gold, are taking a big hit.
The Journal of Commerce (JOC) Commodity Index that tracks the growth rate of steel, cattle hides, tallow and burlap plunged 57% in May, the most since October 2008 - something that gave analysts a sense of dj vu.
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Canada Leads Developed Nations in Emerging From the Great Recession
The Bank of Canada (BOC) today (Tuesday) raised its key interest rate, becoming the first Group of Seven (G7) central bank to raise rates since the global recession started in 2007.
Indeed, Canada with its rich cache of commodities is ahead of most other developed economies still struggling to emerge from the economic downturn. In fact, it is one of the "winners" in the "commodities new world order" recently outlined by Money Morning Contributing Editor Martin Hutchinson.
"The principal winners among the world's 'rich' economies are Canada and Australia - each of them well-managed, financially wealthy countries with abundant commodity resources," said Hutchinson. "Australia has particular strategic importance as supplier of iron ore and coal to China, while Canada is even more crucial to U.S. oil security through the Athabasca tar sands.
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Global Recovery Gaining Momentum, but Obstacles Remain
The Organization for Economic Cooperation and Development (OECD) announced yesterday (Wednesday) that it has lifted its economic growth outlook, but warned that governments must enforce strict fiscal policies to sustain the global recovery and balance global expansion.
The OECD reported that the combined economy of its 31 members would grow 2.7% this year and 2.8% in 2011. Troubles of debt-plagued developed economies will be offset by the rapid economic growth of emerging markets. The numbers have been revised upward from November predictions of 1.9% growth in 2010 and 2.5% growth in 2011.
The OECD estimated global gross domestic product (GDP) would rise 4.6% this year and 4.5% in 2011, up from the previous expectation of 3.4% and 3.7%, respectively.
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Fastest Recovery Ever Could Push Corporate Profits to Record Highs in 2010
Sometimes we get a little carried away talking about esoteric subjects like bulls, bears, supply, demand, moving averages and the like. But if you just want to focus on something real, then look at corporate profits. When they're rising from a low, that's good; when they're flat-lining or declining, that's bad. Pretty simple.
Much of the rally of the past year has been in anticipation of a profit recovery. And now that recovery is actually coming in a bit better than bulls expected, which is why they are able to elbow bears so effectively. ISI Group now figures that corporate profits will clock in at +38.8% for the first quarter (year over year) of 2010, then +42.4% in the second quarter, +36.8% in the third quarter and then +30% in the fourth quarter (against harder comparisons). That would put profits in 2010 up a record 36.1% overall.
To read more about how corporate earnings will shape the market click here.
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Are Coal Prices Ready to Burn Hot in 2010?
For most of the past 50 years, since the birth of environmental awareness, coal has been the "black sheep" of the power-production family. Now, thanks to more efficient furnaces, better exhaust-scrubbing systems and other technological advances, coal is regaining favor in the world's energy markets.
However, the biggest factor in coal's recent price surge is steadily increasing demand for the fossil fuel in power generation and steel-making process, abetted by rising costs for other types of fuel, like oil and natural gas.
The question for investors, of course, is will this rising demand continue - and how can you profit if it does?
The answer to the first part of that question is almost certainly, "yes," but solving the second part is a little trickier.
