The Liberal Party of Canada ran a full slate of 308 candidates in the 2006 federal election, and won 103 seats to form the Official Opposition against a Conservative minority government. The party had previously been in power since 1993. (wikipedia)
For every person who has a horrible story about how their market basket of goods went soaring, there's somebody else out there who has an equally opposite view of life.
It's supporting what other recent reports have said about the economy, something of a compliment to the capital. Business is strong and they need people to work.
It's a positive reaction to a positive report.
The numbers are the numbers, ... and they are a very precise measurement of a very vague concept.
We see the Front Range outperforming the national economy.
The Federal Reserve is concerned with maintaining price stability and with employment and the economy. We know the labor market is strong and that the economy is doing well, but the CPI will address pricing pressure.
The question is, if you have money to invest, do you want to put it into the bond market, which has inflation issues, or keep it in stocks. Stocks will probably continue to hold up in the quarter because other asset classes are less attractive.
It's an all-around positive report. It just goes to show the disconnect between consumer expectations and the actual performance of the economy.
Diesel prices are driving farmers crazy. It's not just coffee-shop complaining.
