Canadian dollar reaches parity with staggering U.S. greenback
"That's why everybody is going crazy now, because the whole morning we were waiting for that."
What was the reason everybody was going crazy yesterday? And the day before that? And so on?
Canada dollar heading for parity with U.S. for first time since 1976
"The Canadian economy that once use to be the sleepy little resource backwater of the North American economy, is certainly turning the tables on its big brother in a hurry," Rubin said.
1976? Get out the disco balls!
Q2 GDP Tracking: Wide Range
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There will be some trade related distortions in Q2.
From BofA:
Overall, *2Q GDP tracking is down from 2.7% q/q saar to 2.6%.* [June 17th
estimate]
emphas...
8 hours ago
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