Canada In-Recession

[bucket]

Surprise sell-off or reality strikes?

U.S. equities now under heavy selling pressure . . . Data showing sharp slowdown in U.S. construction spending. Recession lures (IMO).

Also, traders questioning talk of U.S. / China trade deal. VIX volatility index may get a jolt . . . .

Is it Wisconsin that is now delaying Enbridge's line 3 replacement ????

Is it California that won't allow wind or solar to be built on private land????

Major projects being shitcanned might have something to do with the slowdown...?????

[GALAXIE500]

The world price of oil has never been set in Canada.
Demand for oil has never been higher than right now and the price for oil is a lot lower than the all time high, yet the commentary focuses on demand as the driver for oil prices. There are many other factors that go into the price of a barrel of oil.

One of the bigger factors in the price: TAX TAX TAX!!!

[TASFarms]

One of the bigger factors in the price: TAX TAX TAX!!!

Once there is a futures market. It can be manipulated,throws the whole supply and demand theory out the window

[Oliver88]

Is it Wisconsin that is now delaying Enbridge's line 3 replacement ????

Minnesota.
(Oddly enough this state voted for Clinton.)

[errolanderson]

U.S. economy appears slowing rapidly . . . . 1st quarter U.S. growth estimates now heard below 1%.
Fallout from gov't shutdown and lack of the "Grand Deal" with China slowing economy more quickly than first thought.

Bank of Canada announcement today . . . may be a yawner.

[farmaholic]

Minnesota.
(Oddly enough this state voted for Clinton.)

So they will have built a pipeline through my land that is capped or goes no where?

The compensation better not be more the further you get away from Hardisty Alta.