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December 1, 2006
Cara's Daily Planet, Fri., Dec. 1, 2006, 6:17 AM
Readers interested in preserving capital through awareness of significant events are invited to link published articles from mainstream or alternative media in this space, and discuss them as you wish.
Canada's economy is growing at under 2 pct for six months, now weakest in 3 years. The economy is very weak in the manufacturing sector and is expected to be soft for three more quarters.
A 4-year study of option grants at all companies comprising the S&P/TSX 60 index concluded option timing "is alive and well in Canada," with stock prices over all tending to drop toward the date of option grants and climb afterward. Theft from shareholders is prevalent in Canada too.
Cyberwar hacking and virus attacks threatened against U.S. stockmarket and banking websites. Online protection industry and jobs will thrive.
China to triple number of nuclear reactors over next decade, causing increase in demand and higher prices for uranium. Spot prices for uranium have already risen 75 pct this year to US$63 a pound and show no signs of easing, says consulting firm. Small producers in Australia and China are thriving.
Posted by Posted by Bill Cara on December 1, 2006 06:17:20 AM | Category: The Daily Planet
Discourse
Citigroup Predicts Chavez' Lead Will Be Narrower Than Expected
Dec. 1 (Bloomberg) -- Venezuelan President Hugo Chavez is
likely to win re-election on Dec. 3 by a tighter margin than
analysts and pollsters anticipated, a Citigroup Inc. report said.
Manuel Rosales probably closed the gap by reassuring voters
that their ballots will remain secret and they don't risk and
retaliation by the Chavez administration, Citigroup analyst Tania
Reif, who covers Venezuela for the New York-based bank, said in a
note distributed by e-mail.
A tighter win for Chavez may add to political tension, though
there is ``almost zero'' probability it would trigger violence, she
said. ``Ironically, however, anything short of a narrow loss will
be hugely disappointing for the opposition, who has been routinely
fed with overly optimistic expectations,'' Reif wrote.
Posted by: tinman ![[TypeKey Profile Page]](http://www.billcara.com/nav-commenters.gif)
at
December 1, 2006 10:15 AM [link]
US media have hardly reported the conflicts building in Mexico. Today, with the botched Presidential Swearing in, it will get headlines. But, it goes deeper. Rebellion in Oaxaca against the Governor continues. Last night, Univision showed fist-fights in the Taumalipas State Congress. And then there are always Chiapas and the drug wars.
PRD and Lopez Obrador is making very basic challenges to Mexico's disappointing economic performance under Fox, and to the political system in general.
Stock market has been stellar, and the private and public monopolies have thrived. But the people have had to go North and work here to survive!
The Great American Disinflation...
Remarks by Chairman Ben S. Bernanke
Welcoming remarks
At the Fourth Conference of the International Research Forum on Monetary Policy, Washington, D.C.
December 1, 2006
http://cges.georgetown.edu/docs/IRF%20-%20papers/FRB.pdf
Some light reading for the weekend.
http://www.federalreserve.gov/events/conferences/2006/20061201/program.htm
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Election time in VZ.
Chavez foils sniper plot.
http://www.usatoday.com/news/world/2006-11-30-venezuela-election_x.htm
Posted by: Seamus![[TypeKey Profile Page]](http://www.billcara.com/nav-commenters.gif)
at
December 1, 2006 10:12 AM [link]