Month: March 2016

Investors Feel Bullish about the TSX

As some economic pundits saw Canada as a country on the verge of recession at some point last year, other analysts put their hope on the economy’s signs of recovery, albeit slow. Economic growth was below 1% for a greater part of the year, but signs like the slow recovery of the loonie and the Toronto Stock Exchange give prospects of a 1.4% growth this year. The State Of Stock Exchange in Canada Investors at the Toronto Stock Exchange (TSX) appear hopeful, and transactions that have taken part in the past month point to a bullish attitude amongst equity...

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Why the World Is Concerned about China’s Slowed Economy

Few countries can cause as much concern as China has in regards to a slowing economy. Since 2013 when China’s economic growth dropped to 7.7%, the world has been worrying. The real reason China’s economy is of global concern is that it is a great market for consumer goods and other products. With a population of almost 1.4 billion, not many economies can absorb the level of imports that China does. For instance, even after tumbling by more than 13% at the beginning of this year, China’s imports still reached a staggering figure of over $93 billion in February....

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Investors Bullish about the Canadian Stock Market

Job Losses despite Growth in Economy Canada’s economy continues to grow despite dipping oil prices over recent months. That notwithstanding, the rate of unemployment has soared, with the country losing 2,300 jobs within February of this year alone. This information, which comes from Statistics Canada, a well known data agency, also has it that the rate of unemployment actually reached 7.3% the same month, a level that was last experienced in the first quarter of 2013. Surprisingly, US based Bloomberg L.P. had earlier predicted, after a survey, that Canada would create in excess of 8,500 jobs around the same...

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China’s Current Economic Trend

During the first quarter of 2015, the IMF projected that China would rank second globally in GDP rating. Only the US was put above China in this projection. This means that China beat countries like Canada and the UK in this ranking. The interesting thing about China is that its economy is the sum total of a range of sub-economies, which often have diverse performance rates. When some of those sub-economies are doing poorly, others are booming and taking advantage of the global market. Examples in 2015 There are some people who deemed China to have been doing badly...

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