Every week you can consult the most recent commentary on the economy and the markets, produced by the Economy and Strategy Group. The archives of this information are also available in the table below.

This information is provided as PDF files you can consult using Acrobat Reader, a free program available on the Adobe website.

02-08-16

Another tough year for commercial builders?



02-08-09 What are the odds of a double dip?


02-08-02 Was that a capitulation?


02-07-26 Back to 1997?


02-07-19 How Bad Is It?


02-07-12 All eyes on the Equity Market


02-06-28 Economic calendar


02-06-21 Can U.S. consumers keep going?


02-06-14 The Greenback to the rescue of corporate America?


02-06-07 Scratching beneath the surface


02-05-31 Gold rally: Trouble for the greenback?


02-05-24 How good is the market at calling BOC moves?


02-05-17 Do equity market pops mean anything?


02-05-10 Too soon to throw in the towel


02-05-03 Another icy summer for equities?


02-04-26 The 2002 equity world cup


02-04-19 Is the wait over?


02-04-12 Global recovery in jeopardy?


02-04-05 The BOC: Time to move


02-03-28 Bonds: Bears on the loose


02-03-22 Will the Fed spoil the party?


02-03-15 The loonie as crutch?


02-03-08 Where will profits come from?


02-03-01 Are japanese equities a good bet?


02-02-22 Why is the loonie's slide accelerating?


02-02-15 When will profits turn the corner?


02-02-08 An eighties remix?


02-02-01 World: Full tank and ready to go?


02-01-25 Time for a little loonie therapy


02-01-18 Is the U.S. consumer spent out?


02-01-11 Twin bears, twin bulls?


02-01-04 Economic calendar


01-12-24 Economic calendar


01-12-14 Light at the end of the tunnel ?


01-12-07 Awash in liquidity


01-11-30 Another blue christmas


01-11-23 Resurfacing global equities


01-11-16 PPI deflation: here to stay


01-11-09 A glimmer of hope?


01-11-02 Global recession : How bad ?


01-10-26 The Valuation Trap


01-10-19 Bond Overload?


01-10-12 The Fed and the Crisis of Consumer Confidence


01-10-05 For Better, for Worse


01-09-28 The Shape of Recession


01-09-21 All in the same Boat


01-09-07 More than Meets the Eye


01-08-31 A Missing Ingredient?


01-08-24 Are you a Hawk or a Dove? Take the Fed test.


01-08-17 Holding by a thread?


01-08-03 Against the Grain


01-07-27 Global storm warning ?


01-07-20 A return of 1970's style stagflation ?


01-07-13 What Gives the Greenback its Herculean Strenght?


01-07-06 An NBF Summer Hits Compilation


01-06-29 An Authentic Canadian Soft Landing?


01-06-22 Lighthouse on the Horizon


01-06-15 Time to Chase those Blues Away?


01-06-11 Tracking Canadian Tech Stocks


01-06-01 Are the Markets Ready to go Off their Medication?


01-05-25 Is the Fed Taking a Walk On the Wild Side?


01-05-18 Fatal Attraction? (Part II)


01-05-11 Fatal Attraction? (Part 1)


01-05-04 Still not Too Late for a Spring Portfolio Tuneup


01-04-27 Is Trouble Brewering in the Emerging world?


01-04-20 Will a U.S. Profit Recession be Avoided?


01-04-12 Interest-Rate Relief: from FED to ECB


01-04-09 A U.S. Bailout of the Global Economy


01-04-02 Will Consumer Save the Day?


01-03-26 Global Slowdown, U.S. Rebound.


01-03-19 A Tale of Two Markets


01-03-12 The Camouflaged Optimist of the Equity Market


01-03-05 The Perfect Storm?


01-02-26 The Upbeat Signal from the Bond Market


01-02-19 On Greenspan and Long-Run Earnings Growth Expectations


01-02-12 Just how Clairvoyant are the Fed-Watcher Markets?


01-02-05 Will the Fed's Magic Work?


01-01-29 Time to Cheer Up


01-01-22 Are Equities Ready for Liftoff?


01-01-15 Off with the Blinders


01-01-08 Another Wave of Relief Coming?


00-12-18 Equity Markets: Turning Off the Alarm Bell


00-12-11 Will the BOC Play Grinch?


00-12-04 The U.S. Economy: Landing Gear Down?


00-11-27 Another 1998, or Another 1994?


00-11-20 A Goldilocks Economy North of the 49th Parallel?


00-11-13 The Fed to the Rescue?


00-11-06 Earnings Downgrades Clear the Decks for a Rally.


00-10-30 How Low can Bond Yields Go?


00-10-23 Semiconductor Stocks: The Bellwether Bottoms Out?


00-10-16 Will this Cliff-Hanger Have a Storybook Ending?


00-10-10 Nasdaq: Time to Step Up to the Plate?


00-10-02 An Easing? Did Somedy Say Easing?


00-09-25 Is the U.S. Equity Market Stuck in Neutral?


00-09-18 International Diversification: U.S. Equities in Pole Position


00-09-11 Is the Surging Price of Oil an Economy-Killer?


00-09-04 Will the U.S. Landing be Soft or Hard?


00-08-28 Could Foreign Players Spoil the Party?


00-08-21 Is the Boc's Job Done?


00-08-14 Another Downleg in Bond Yields?


00-08-07 Is the U.S. Slowdown Arriving too Late?


00-07-31 Is the Stock Market more Expensive Today than in the 1960s?


00-07-24 Smooth Sailing ?


00-07-17 Our 12-Month TSE 300 Target Upgraded to 12000


00-07-10 Which Markets will do Better - U.S. or EX-U.S.?


00-06-26 Is the Nasdaq Coming Back?


00-06-19 Will the Clouds Over Japan Boost the U.S. Bond Rally?


00-06-12 Why is Strong Growth Failing to Boost Commodity Prices?


00-06-05 Monitoring the FED and BOC Outlook: Market Expectations are Shifting.


00-05-29 The Global Side Effects of the Fed's Medecine


00-05-22 Heading for a 1994-95 Style Soft Landing?


00-05-15 Is the BOC Pumping the Brakes too Hard?


00-05-08 Are U.S. Financial Conditions Still Too Lax?


00-05-01 The TSE: Splitting market valuation between tech and non-tech


00-04-24 Canadian Stock Market: A Healthy Return to Balance?


00-04-17 Coming Up: Market-Friendlier Inflation Reports


00-04-10 The Forces Reshaping the Canadian Yield Curve


00-04-03 The Credit Squeeze could Slow Both Old and New Economies


00-03-27 Equity Markets: Global Cooling Ahead?


00-03-20 FED Watch: What do U.S. Financial Markets Foresee?


00-03-16 Worldwide Dot-Com Mania: Too Mucj of a Good Thing?


00-03-06 Are Real-Return Bonds still an Attractive Alternative?


00-02-21 The BOC's Dilemma: Follow the FED or Take a Pass?


00-02-14 Bonds: Is the Bear Market Coming to an End?


00-02-07 A Supply-Driven Yield Curve Inversion.


00-01-31 The Digital Revolution (II): The Canadian Story.


00-01-24 The Digital Revolution: Implications for the U.S. Stock Market


00-01-17 Revising our 12-Month TSE 300 Target Up to 10000


00-01-10 World Economies Marching in Synch: a First since 1994



The particulars contained herein were obtained from sources which we believe reliable but are not guaranteed by us and may be incomplete. The opinions expressed are based upon our analysis and interpretation of these particulars and are not to be construed as a solicitation or offer to buy or sell the securities mentioned herein. The Firm may act as financial advisor, fiscal agent or underwriter for certain of the companies mentioned herein and may receive a remuneration for its services. The Firm and/or its officers, directors, representatives, associates, may have a position in the securities mentioned herein and may make purchases and/or sales of these securities from time to time in the open market or otherwise.