Skip to content

Schmidt Azam Wealth Management - ScotiaMcLeod Scarborough

News Archive
Dubai's Troubled World

The Big Picture...  November 27, 2009... In a shortened week, it was expected to be relatively quiet.  Much of the focus will be on the retail activity going on in the US as Black Friday is shopping paradise apparently.  Initial reports from Best Buy are encouraging, but that is one of many yet to report.  Dubai World waited until the markets were closed for US Thanksgiving to announce their woes (more on that below) but the fear appears to have passed.  I know I frustrate a few people by saying this, but do not take your advice from the media! 

View more...
 
Be Prepared

The Big Picture...

 

It appears that the US dollar is rallying on risk aversion as economic concerns linger.  There have been mixed signals on the economy this week from housing and jobs primarily, while the OECD has raised expectations of a global recovery and warned that the stimulus programs' withdrawal need to be "prepared"...
View more...
 
Bullish Pattern Sept 4, 09
Gold has been the glittering story of the week, although I think many are not seeing the forest for the trees.  Gold prices are likely rising...
View more...