Great Story in the Globe and lots of talk about how this merger will bring about some more positive vibe for the economy, particularly in Alberta.Actually lots of positive things lately:
- Conference Board of Canada reported a big spike in consumer confidence
- Obama to put up $1 trillion to free up bank balance sheets
- Stock Market surges yesterday. Dow up 497 points, TSX up 424 points
- Oil up again and seems to have promise that it is at bottom
- Real estate markets are showing positive signs
- US Housing starts up 5% this month. Huge one month gain
Before all the pessimists get on me, I am by no means saying “everything is over” but I am saying a lot of indicators seems to be pointing that we are approaching the bottom of the curve and a recovery is looking like it may be sooner then we feared a few months ago.
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