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Frances Horodelski
May 26 2014

Muted Monday for traders

By Frances Horodelski, Anchor
It is new high territory all around. Even India joined the party last night. Other all-time highs can be found in Germany and Stockholm. In New York, where the Dow, the S&P 500 and the transports all made new highs on Friday, it was the 11th new high of the year for the S&P 500. On the trading front today - it will be quiet. With the UK and U.S. markets closed, the level of trading will be muted. Enjoy.
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Frances Horodelski
May 23 2014

The good, bad and ugly

By Frances Horodelski, Anchor
Remember- Matter: How tiny your share of it. Time: How brief and fleeting your allotment of it; Fate: How small a role you play in it - Marcus Aurelius
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Frances Horodelski
May 22 2014

Short, sweet and bullish

By Frances Horodelski, Anchor
Short and sweet today. Of all the major equity markets, the S&P/TSX with its 7.55% year to date increase is THE best performing. Hmmmm.
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Frances Horodelski
May 21 2014

Retail, retail, retail

By Frances Horodelski, Anchor
This is a day of celebration. According to the Davenport Democrat and Leader on this day in 1925, "REAL BEER IS NOW LEGALLY SOLD IN CANADA" Canada's banner province, for the first time in eight years and thirsty Americans in the border cities took full advantage of their opportunities. Border cities, notably Niagara Falls and Buffalo and Detroit were especially interested in the event". So have a cold one!
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Frances Horodelski
May 20 2014

Pomp and Circumstance

By Frances Horodelski, Anchor
The shortened week starts and Canada could play some catch up given a bit of strength in equities and weakness in bonds in global markets that traded yesterday.
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Frances Horodelski
May 16 2014

Is it the weekend yet?

By Frances Horodelski, Anchor
The names people are focused on this morning are those associated with big hedge funds or investment management companies.
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Frances Horodelski
May 15 2014

Wal-Mart, Scotia and the homesick blues

By Frances Horodelski, Anchor
Let’s start simply today. Markets are mixed. Japan down (very strong Q1 GDP a factor of consumption before tax hike); Hong Kong up for the 6th day in a row; French and German stocks generally lower; London’s FTSE100 a tick higher on firm healthcare stocks (Glaxo and AstraZeneca). GlaxoSmithKline is covered on the front pages of the Financial Times of London – “China up bribery claims heat on GSK.”
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Frances Horodelski
May 14 2014

Canada’s shifting retail landscape

By Frances Horodelski, Anchor
Sears has often felt in recent years like a hologram of a retailing enterprise (both in Canada and the U.S.) so perhaps it isn’t surprising that today’s big story is the announcement from Sears Holdings that it is exploring options for its 51% stake in Sears Canada (market value about $800 million). The changing retailing landscape in Canada will be our top story. But it won’t be the only one.
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