I think someone mentioned it earlier, long in the experience,
short in the current work commitments. But I remain hopeful.
The energy business is important across the board.
Overall OECD demand may be waning, the markets remain for
energy products of all kinds. The Oil Service sector is
expected to see decent growth with rig counts projected to
increased YoY. Other infrastructure, pipeline and other
facilities are being built with cheaper labour markets. The
Cdn Real Estate markets didn't really even hiccup or if so
slightly. Only to coming roaring back with a vengeance.
Consumer spending continues mostly unabated as Cdn pile on
debt faster than ever before. Is anyone else spelling
b-u-b-b--l-e? Commercial real estate seems to be having some
challenges, a statement supported only by a perception of lots of
space and signage visible. The consumer general seems active
but the malls seem almost dead, and reduced and sale signs are
predominant. I think like the MSM wishes, there is talk of
the recovery and all the various indications that support that
notion. I cannot get past that the leverage-debt-credit mess
has not be reconciled, and only after that happens (and no I don't
know what that will look like - a variety of poor outcomes) will
"value" return - nature fills a void and finds a balance -
always.
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The Patch
Still In Cash
Posted by tahoe on 14th of Feb 2010 at 11:12 pm
I think someone mentioned it earlier, long in the experience, short in the current work commitments. But I remain hopeful. The energy business is important across the board. Overall OECD demand may be waning, the markets remain for energy products of all kinds. The Oil Service sector is expected to see decent growth with rig counts projected to increased YoY. Other infrastructure, pipeline and other facilities are being built with cheaper labour markets. The Cdn Real Estate markets didn't really even hiccup or if so slightly. Only to coming roaring back with a vengeance. Consumer spending continues mostly unabated as Cdn pile on debt faster than ever before. Is anyone else spelling b-u-b-b--l-e? Commercial real estate seems to be having some challenges, a statement supported only by a perception of lots of space and signage visible. The consumer general seems active but the malls seem almost dead, and reduced and sale signs are predominant. I think like the MSM wishes, there is talk of the recovery and all the various indications that support that notion. I cannot get past that the leverage-debt-credit mess has not be reconciled, and only after that happens (and no I don't know what that will look like - a variety of poor outcomes) will "value" return - nature fills a void and finds a balance - always.