QUOTE (DonCampbell @ Feb 9 2008, 11:50 AM) Hi Ed,
The best place to start with their VERY detailed site is by clicking on "The Daily" link on the left hand menu on their main page. You can now select what info to be sent, so it is not so overwhelming with information that doesn`t affect your real estate.
Great to see so many members studying and focusing on the economic fundamentals.
Thanks Don,
Mark,
While I know our economy is more robust than US, going by my experience both are doing relatively well. I work in the floral industry as an OTR driver, mostly US deliveries. We are in the middle of Valentines Days rush, between that and doing a refi and new buy-financing, I`m exhausted. Went into the US Friday night and the traffic was VERY busy, going over the border and on the other side. I stopped at a Walmart in Pa on the way home and the p lot was full, store frantically busy with lots of good deals on the floor. I ate at a decent middle class restaurant mid-afternoon and noticed it was almost full capacity. Trucking is usually a reliable indicator of economic activity and activity was brisk for a weekend.
Another rate cut is certainly possible by BOC but those crying about economic doomsday aren`t out there doing things - my feeling.