Friday outlook: Stocks poised to plunge as U.S. Senate rejects auto bailout
Markets tumble in Asia, Europe
- By: IE Staff
- December 12, 2008 December 12, 2008
- 08:40
Markets tumble in Asia, Europe
TSX slides 2.8%
Energy, technology, and pharmaceuticals also showing strong potential buying opportunities
Most companies don’t expect to change their long-term production levels: survey
Credit conditions expected to show gradual improvement
Consumers remain cautious and expect to curtail spending this holiday season
U.S. trade gap widens
BCE deal dead
Uncertainty over U.S. auto bailout weighs on bank stocks
Canadian GDP to contract by 3.2%
Government stimulus spells recovery in earnings, commodity prices
Labour productivity unchanged in third quarter: StatsCan
U.S. markets end winning streak
Economists split over size and timing of future moves by the Bank of Canada
Country is in a recession, central bank says
Bank of Canada lowers overnight rate target to 1.5%
U.S. markets rally on plans for infrastructure investment
Gains in Global Macro and Managed Futures sectors help offset losses from other sectors
Corporate default rates will likely climb sharply throughout 2009
Report tracks development of global financial crisis
Loonie rises as price of oil rebounds
Risk of a U.S.-style meltdown is remote
Urban starts tumble 22%
Rate decision coming Tuesday
Housing starts, labour productivity round out the economic calendar