Archive - Jul 6, 2010 - Blog entry
Canada Pension Plan Invests in Oilsands
Submitted by Leo Kolivakis on 07/06/2010 20:38 -0500The Canada Pension Plan's investment arm is spending $250 million for a piece of privately held Laricina Energy Ltd. — the fund's first direct foray into northern Alberta's oilsands industry. But the politics of oilsands are very messy, both in the US and in Canada where politicians have just mysteriously cancelled an oilsands pollution probe, tearing up draft reports.
Cleveland Fed on GDP - Dreary Outlook
Submitted by Bruce Krasting on 07/06/2010 14:19 -0500I'm getting scared.
The Multiples Myth
Submitted by madhedgefundtrader on 07/06/2010 11:00 -0500At a 13 times multiple, the S&P 500 is not cheap. A permanent downshifting from a 3.9% to a 2%-2.5% GDP growth rate only deserves lower earnings multiples for equities. I think we are in a long term 900-1200 band that lower growth demands, and that we are trending towards the bottom end of that range.
In the News Today July 6th, 2010
Submitted by Reggie Middleton on 07/06/2010 10:15 -0500News items of interest and related analysis for the day
BP's Relief Well Is Not a Slam Dunk
Submitted by George Washington on 07/06/2010 09:18 -0500They may work, but ...
