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Tomorrow’s News: Negative CPI is not Deflation

July 16, 2009

Stephen Gordon writes one of my favorite blogs on economics, and pointed out something interesting about what’s going to hit the news tomorrow. The CPI will be negative. This does not mean we’re headed for deflation. Brace yourself for stupid news articles in advance. As Dr. Gordon explains here: Tomorrow’s headline inflation number will be [...]

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Alberta Stats – CPI is Just a Teaser

February 2, 2009

Here’s just one chart from a great big workbook of historical stats for Alberta. It’s the Consumer Price Index, set to 2002 as the zero year. It’s reported quarterly, with the first day of the quarter reported as the data point (i.e. April 1, 2002 is Q2 2002) Yes, this only goes up to the [...]

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Chris’ News Roundup – Canadian Edition

November 30, 2008

Bank of Canada faces pressure to make deep cuts in interest rates The Bank of Canada will step up to the plate to support the slumping economy with a whopping three-quarter-point cut in interest rates before Christmas, analysts with Canadian financial institutions projected. I’m glad I’m on a variable rate mortgage. I love getting the [...]

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Stocks suck, buy real estate instead

September 30, 2008

The market continues to be wobbly all over the place. Through a “erroneous order routed from another exchange” Google’s stock price dropped over 30%. Isn’t that just what the market needs? A confidence booster? Either way, I sent off the signed paperwork for my mortgage today. I was genuinely concerned that lending would temporarily stop [...]

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Real Estate Summber BBQ Topics

September 22, 2008

Although he doesn’t blog that often, Don Campbell usually write pretty good stuff. One post from the beginning of August was about four hot topics around real estate, and I thought I’d add my thoughts. #1 Zero-Down Mortgages and 40-Year Amortizations I mentioned it just this week, that the few banks offering 40-year amortizations were [...]

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