Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Sunday, October 12, 2008

Champagne Sales Are Down!

During this economic downturn, one of the many markets that have been suffering is the bubbly market. According to Luxist sales are down 22% for year!

This sounds like a job for ATF!

Tuesday, October 7, 2008

Scotiabank projects recession in Canada, U.S.


Lights out bitc*es! If don't know well now you know that stock prices, and credit markets are crumbling. It is happening more so in the US than in Canada presently, but as most people will tell you when the US sneezes Canada catches a cold. This has led experts to believe that a recession is inevitable...no not Jeezy's album (though a solid piece of work)but an actual a significant decline in economic activity spread across real income, employment levels, industrial production, and wholesale-retail sales paints a bleak 2009...

OTTAWA — Economists are gutting their forecasts for Canada's growth next year as the United States slides into recession and pulls the rest of the world down with it.

A Bank of Nova Scotia forecast to be published on Tuesday projects a recession for both Canada and the United States.

And Goldman Sachs is warning that its outlook for Canada, to be released later this week, is going to be significantly weaker as well.

“Although Canada has been somewhat more insulated from the direct impact of the credit crisis, it will not escape the effects of a significant contraction in U.S. consumer spending over the next few quarters,” Goldman Sachs economist Andrew Tilton said in a note to clients late Sunday. “As a result, we will be revising down our estimates for Canadian exports and overall growth.”



Read the rest of the article here.

Friday, September 19, 2008

A go&d™ Friday Classic!



Given the financial mess on wall street...many say due to cronyism and no oversight. Nate Dogg and Warren G has been tapped for the this weekend! I love this joint!