Housing market vulnerable to downturn, Merrill warns
One of the biggest concerns is the condominium market
- By: James Langton
- December 20, 2011 December 20, 2011
- 08:29
One of the biggest concerns is the condominium market
Commodity prices mixed
Housing sector will cool down as housing affordability becomes more of a challenge
Key risk to improved global market sentiment is Europe
With government bond yields at the lowest levels for a generation, equities offer the best value in 2012
Gold and oil make gains
Canadian inflation report on deck
U.S. markets mainly weak on European economic concerns
The TSX is trading more than 1,800 points, or 13.7%, below where it sat at the start of the year
12-month TSX target remains at 14,000
RIM stock in for bruising session
Revision reflects the softening economic outlook, and the province’s growing debt burden
Resource stocks weakened as commodity prices continued to lose ground
Scotibank forecasts growth below 2% for Canadian economy
Survey indicates somber mood for world markets, Canada more optimistic
More signals that Europe is sliding towards a recession
Price of gold drops below its 200-day average for the first time since January 2009
Confidence erodes about fix for European debt crisis
Loonie and other commodity currencies could rise 10% from today’s levels
October manufacturing sales dip a signal of slowdown ahead
The report underscores the long-term potential of impact investments while recognizing that the market is in an early stage of development
For the first time ever, the value of deals completed by Canadians in the U.S. was higher than those completed by Americans in Canada
Oil, gold prices drop