“Indications are Good“, isn’t that what the Magic 8 Ball used to answer?
It seems Stats Canada also thinks that is the case with their Leading Indicators index showing positive for the first time in a year. The Leading Indicators index is made up of many portions of the economy, including manufacturing, housing starts and the stock market.
The Stock Market (up 5.7%) and Housing Market (up 4.5%) seem to be the major driving forces that caused this positive jump, so does this mean the Financial Apocalypse is over? Seems to be what every “expert” is saying, but I remain skeptical for now. To quote the Magic 8 Ball, “Concentrate and ask again“.
Indications are good? I beg to differ
- Banks Were Like This? The NFB animates a Stephen Leacock story, about banks.
- Dude! It’s Back to School Time! That magical time of the year.
- Random Thoughts: TGIF toes do go in first.
- Learning to Live Without a Cell Phone (sort of) don’t think that is possible now, hold on my phone is ringing.
- Deflation again! CPI Down for July 2009 (sort of) good for stomachs, but economies?
Random Thoughts
The Financial Bloggers had their say this week as well about the current world of finances:
- Michael James pulls out his magic 8-ball and comes up with a New Retirement Plan which consists of him blowing all his cash reserves, interesting idea, hope he buys lots of beer too.
- Larry MacDonald wrote about a point I have already mentioned as well, The Health Risks of Reusable Grocery Bags, better be washing those folks, or you might be doing yourself harm.
- Preet at WhereDoesAllMyMoneyGo has a Reader who was taken for over $200,000 (yikes!).
- Canadian Tax Resource outlines Planning Your Home Renovation, unfortunately his was due to a leaky basement.
Have a great weekend all!
Allan
Sorry I missed your post on reusable bags. Glad to see someone else is concerned about minimizing the health risk. Got the link? I’d like to read it.
I really like the layout of your blog here. I am currently using blogger and feel a little limited in what I can do. How has your trasition gone? Did it take long to get your PR back. Could you offer any words of wisdom for a fellow financial blogger learning the ropes? http://www.investcanada.blogspot.com
Thanks,
Stuart
Enjoy the weekend Grand Homme Cajun!
Thanks for the mention! Have a great weekend!!
It wasn’t a magic 8-ball that told me about that retirement plan. And it wasn’t the squirrel on my left shoulder that talks to me sometimes — it was the CARP that talks to me sometimes.