Wednesday, December 29, 2010

2011 Predictions

BMO Financial Group has come with its forecasts for the year 2011 and is also expected.

    In Canada, "said Douglas Porter, deputy chief economist at BMO Capital Markets that interest rates at least until the late spring of 2011. With prices still very low, it is hard to remember that the Bank of Canada renewed the majority of the night three times in 2010, to 0.25 percent 1.0 percent.

    Porter also believes that British Columbia, Alberta and Saskatchewan leading the growth, with GDP growth averaging 3.5 percent mainly on commodity prices and a decline in dependence on the U.S. economy. UU ..

    Paul Taylor, chief investment officer at BMO Harris Private Banking, sees signs of recovery in the U.S. with a growth rate of nearly 3 percent in 2011 and job prospects should be through the reduction of unemployment can be improved by nine percent the current 10 percent.

    And the S & P / TSX, which has only about 13,000 came in two months should be 14,000 to end up.

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