Wed1391 29 Oct 2008 David T. Nicholson's Wednesday-Night.com

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#1391 291391 Oct 2008

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    Wednesday-Night.com/Wed1382.asp
  • Wed1381 video Peter Perkins on the Stock Mkt! 27 Aug 2008 - 49 sec Video page

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Notes by Herb Bercovitz OWN Editor: Diana Thébaud Nicholson OWN

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Wednesday-Night creates charts and follows stocks, including timely related financial news items, in which Wednesday Nighters are interested and in order to demonstrate a service that could eventually be developed and marketed. Wednesday Nighters are invited to participate and help to test the service.
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Added: 24 October 2008 Paul Krugman, talks about whether or not we should have a stimulus program.

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Friday May 19, 2006 rci from a previous W-N The completion of China's Three Gorges dam on the Yangtze River grows ever closer. Workers will pour the last concrete on the structure on Saturday. The dam will span 2,309 metres. The designers of the project expect it to generate huge amounts of hydroelectric power and reduce floods on the Yangtze. Environmentalist critics says the dam is already causing problems even before its completion. These include a deterioration of water quality, the diminishment of fish species and silt that causes erosion of the river's banks. The dam project has caused the resettlement of one million Chinese. The government said this week that it will support them financially for 20 years. see Wed894

Sunday 02 November 2008 Trojan virus steals banking info
Hundreds of thousands of people have been hit by a globe-trotting virus that has been scooping up bank login details. Do NOT give your PASS WORD in the small window

Sunday 02 November 2008 Oil prices up after record falls
Oil rises almost 3% on Friday - but falling demand pushes crude prices to their biggest monthly drop in October.

Saturday 01 November 2008 No rise in Westmount property taxes expected

Thursday 30 October 2008 Women and Money the Focus of Harper’s New Cabinet

Thursday 30 October 2008 9:28 AM The Copp Comment
The extremely oversold condition of world markets that existed at the outset of this week is well on its way to a massive self correction. I have suggested more than once in recent days that a great downside crescendo would quickly be followed by a "jaw dropping" (in the words of Art Cashin) upside rally. Well the selling climax was not quite as dramatic or satisfying as we would have preferred, at least not in U.S. markets, but it certainly was in Asia and in Europe. It has also been historically severe in commodities, currencies and much of the Toronto stock exchange.
This may also be seen as the pre Obama bounce by some of the more biased observors, a group to which I proudly belong. This rally now appears to be gaining legs and may well project to mid January (bumps along the way) when indexes should well have recovered 50% of their bear market losses. After this point or this date, remembering the rule that you may get one or the other right but never both, we will reconsider but first of all enjoy the ride. Bill Copp

Saturday 25 October 2008 Some Currencies Plunge as Stocks Sink Worldwide
WASHINGTON — Fear that the financial crisis is infecting once-healthy economies created another white-knuckle day for investors Friday, causing stocks to tumble from Tokyo to New York.

Saturday 25 October 2008 Iceland set for $2.1bn IMF help
The International Monetary Fund (IMF) reaches a "tentative" agreement to give aid to Iceland worth about $2.1bn.

Saturday 25 October 2008 OTTAWA: INFLATION DROPS SLIGHTLY
Statistics Canada reports that inflation declined by .1 per cent in September to 3.4 per cent. The agency says it's the first time since March that the rate has fallen. The recent inflationary rise is due mainly to energy and food prices. The price of gasoline rose 26 per cent in September compared with that a year earlier.

Peter G. Hall VP EDC Economics Weekly Commentary
Weathering the Weather - October 29, 2008
Looking out the window isn’t much fun these days. It’s mighty stormy in the global economy, and every day seems a bit wilder. Getting a read on any storm is always tough at ground zero. But even the satellite scan is hard to interpret in today’s super-storm. What does the forecast call for? Past issues

Commentary podcast. Listen

Saturday 25 October 2008 OTTAWA: PRIVATE RESEARCHERS CONFIRM CENTRAL BANK'S FORECAST
The Conference Board of Canada predicts that the financial whirlwind in the U.S. will drag Canada's economic growth this year down to .8 per cent, and that there will be but weak growth in 2009. The prediction roughly confirms an evaluation offered on Thursday by the Bank of Canada. The researchers say the the turmoil in the U.S. is also affecting Europe and Asia, and that global growth will fall to 2.8 per cent this year and 2.4 per cent in 2009. n

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