Ukraine and Russia Revisited

It was 8 days ago that John Oliver’s 13-minute evisceration of FIFA went viral on YouTube; the clip raised doubts about the legitimacy of the World Cup, and fears emerged about disaster in Brazil. Skepticism and concern would appear to be short lived, however, as…

The Daily – June 17th, 2014

June 17th, 2014 Daily Market Commentary   ECONOMIC NEWS Building permits in the U.S. were reportedly up 0.991M in month-over-month terms, below estimates of 1.055M. Housing Starts in the U.S. were reportedly up 1.001M in month-over-month terms, slightly below estimates of 1.050M. The CPI in…

How Conservative Inferioirity Became a Liberal Majority

Thursday night, Ontario voters took to the polls to elect a new Provincial legislature. To the surprise of many, Kathleen Wynne and her Liberal party emerged victorious with a strong majority at Queens Park. While Wynne had frequently topped the polls during the 40-day campaign,…

The Daily – June 16th, 2014

June 16th, 2014 Daily Market Commentary   ECONOMIC NEWS Foreign portfolio investment in Canadian securities was reported at $10.13B, almost more than double estimates of $4.27B. Canadian Investment in foreign securities was listed at $2.49B. The NY Empire State Manufacturing Index was reported at 19.28,…

The Daily – June 13th, 2014

June 13th, 2014 Daily Market Commentary   ECONOMIC NEWS The Producer Price Index in the U.S. was reportedly down 0.2% and up 2% in month-over-month and year-over-year terms, respectively. The Producer Price Index except food and energy in the U.S. was reportedly down 0.1% and…

Iraq, Oil & The ISIS

  Today, our team entered the office elated that the World Cup kick off was just hours away. However, our morning took a more ominous turn as we began discussing the recent violent outbreaks in the northern regions of Iraq.  Oil prices have quickly jumped…

The Daily – June 11th, 2014

June 11th, 2014 Daily Market Commentary   ECONOMIC NEWS MBA Mortgage Applications were reportedly up 10.3% in the U.S. The Unemployment Rate in Great Britain was reported at 6.6%, below estimates of 6.7%. Average earnings excluding bonus in Great Britain was reportedly up 0.9%, below…

2014 Election Preview: PCs

Ontarians across the province will have a difficult choice to make on Thursday. Yesterday, we outlined the platform of the incumbent Liberal Party of Ontario led by current premier Kathleen Wynne. Today we will outline the platform of their main opposition: the Progressive Conservatives led…

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