http://www.smwealth.ca Information to help you protect your wealth. Fri, 27 Nov 2009 21:40:10 +0000 http://backend.userland.com/rss092 en The big picture Dubai casts shadow on global economic recovery   On Thursday, news that Dubai’s Investment Company, Dubai World, may default on an upcoming maturity, rocked financial markets. Dubai World asked creditors for a six-month delay in the repayment a portion of its massive US$60-billion debt – much of it owed ... http://www.smwealth.ca/market-watch-21/ The big picture China on the rise   China’s economy continued to improve in October – industrial production jumped to a 19-month high, up 16.1% from a year ago, while retail sales also beat expectations, up 16.2%. Exports were down 13.8% over the year, but that was a smaller decline than September (15.2%). ... http://www.smwealth.ca/market-watch-20/ Recorded October: 2009 Malcolm Burrows – Head of Philanthropic Advisory Services http://events.startcast.com/events6/107/C0029/Default.aspx http://www.smwealth.ca/topic-combining-philanthropy-financial-planning/ Recorded: October 2009 Fred Ketchen – Managing Director, Stock Trading ScotiaMcLeod   http://events.startcast.com/events6/107/C0030/Default.aspx http://www.smwealth.ca/topic-market-update-%e2%80%93-world-economy-canadian-market-gains-confidence/ The big picture U.S. manufacturing grows amid rising unemployment Showing unexpected strength, the U.S. manufacturing sector grew in October at its fastest pace since April 2006, suggesting U.S. gross domestic product is growing at an annualized rate of 4.5% in the fourth quarter. The manufacturing index rose for the third consecutive month ... http://www.smwealth.ca/market-watch-19/   Topic: Bond Market Strategy Recorded: September 2009 Chris Kennedy, CFA – Associate Director, Sales and Trading, Fixed Income Portfolio Advisory Group http://events.startcast.com/events6/107/C0028/Default.aspx http://www.smwealth.ca/bond-market-strategy/ The big picture U.S. recovery slow and fragile Housing and manufacturing are driving the early stages of an  economic recovery in the U.S., however the most recent Federal Reserve survey pointed to a slow and fragile turnaround. Some economists fear the fledgling housing revival could be derailed when the first-time home buyers ... http://www.smwealth.ca/market-watch-18/ The big picture Canada’s GDP growth stalls The latest reports on the Canadian economy unexpectedly showed no GDP growth in July, throwing into question the strength of the country’s recovery. Wednesday’s report from Statistics Canada dashed economists’ expectations of a 0.5% increase, blaming shutdowns at mines, lower oil-and-gas extraction, civic strikes and ... http://www.smwealth.ca/market-watch-17/ The big picture One year later: Growth emerges Tuesday marked one year since Lehman Brothers declared bankruptcy, setting off the worst financial crisis since the Great Depression. U.S. President Barack Obama spoke to a Wall Street audience, lauding his administration’s moves to prevent future financial calamities and warning that further bailouts are ... http://www.smwealth.ca/market-watch-16/ The big picture Canada bouncing back, but rates stay on hold Canada’s economy is recovering faster than previously thought, the Bank of Canada (BoC) said Thursday. Nonetheless, the BoC kept its lending rate at an all-time low of 0.25%, and renewed its pledge to hold rates until mid-2010. Canada’s banks were ranked ... http://www.smwealth.ca/market-watch-15/