SPOTLIGHT: Energy, Forestry, Steel
'Incredible Washout' Sees Crude Plunge
Don't write the obituary for the bull market in crude prices, warns one
analyst, despite the "washout" in crude prices over the past few trading days.
Other analysts believe that a sensible price for the black gold is close to
US$25 than the US$48-plus that crude oil has reached in past weeks. Read
Patrick Brethour's full report.
View a stock chart for oil futures
(first log in to globeadvisor.com, then click the link)
ENERGY: Asia's Thirst for Oil to Persist
Asia's economic expansion has been at the core of a surge in global oil demand
that has sent prices jumping and raised fears of a possible oil crisis. Now,
China is taking measures to slow its economy. Will a cooled-down Asia finally
take some of the froth off global oil prices? Read this report from Hong Kong,
Shanghai and Bombay.
FORESTRY: Lumber Seen Nailing a Record
Speculation that bellwether lumber prices will hit a record high has sparked
just-in-time buying as traders scramble to meet demand from the booming U.S.
housing sector. Read Peter Kennedy's report.
Riverside Regards Takeover Bid by Tolko as Too Low
STEEL: Rolling Out the Profits in Steel Making
These are the halcyon days of steel makers, their season in the sun. Pricing
has never been so good, profits this easy. Share prices have exploded. If all
you did last summer was buy steel stocks, you'd be a star. Read Martin Braun's
PERSONAL FINANCE: On Portfolio
Blow up Your Investing Plan over Abusive Trading
While now more aware of illegal trading practices
such as market timing, writes Rob Carrick, most investors will do nothing,
which is as it should be. As disturbing as abusive trading is, it's not a
reason to blow up an investing plan and start over. Read Rob Carrick's
New Fund Guidelines; New Double Sawbuck
Trust Mania Cools, but Market Still has Legs, Experts Agree
Today's more sober income trust market means criteria for companies wishing to
convert into a trust may toughen up, conditions that will raise the bar and
benefit all investors, industry sources say. Last week, two new trust
candidates surfaced, both mature companies with steady cash flow. Read Keith
Penn West's Conversion to Trust Marks End of an Era
New Fund Guidelines to Curb Trading Abuses Seen as Weak by Critics
The mutual fund industry unveiled guidelines to combat abusive short-term
trading and market timing yesterday, but critics within the industry
complained that the measures are discretionary and lack enforcement. Keith
Bucks: Canada's Most Popular Bill Gets Facelift
A brand new $20 bill, featuring a portrait of an older Queen Elizabeth,
illustrations of works by West Coast artist Bill Reid and updated
anti-counterfeiting features, will go into circulation next month. Peter
Kennedy highlights the security features.