Markets- soybeans, canola,corn, wheat

[farming101]

US GDP up 1.9% in the third quarter., outdoing forecasts for 1.6%

To put it in perspective the US economy added the equivalent of the economy of Ireland in the third quarter!

But growth is slowing... Oh boy.....

The bean counters should try farming in western Canada

[errolanderson]

Haha Gold is up approximately 20% in Cad dollars in the past year. Tell me how much has your cash returned this year?

Check your ETFs . . . .

[biglentil]

Check your ETFs . . . .

ETF's no thanks, Gold is AU on the periodic table.

[errolanderson]

Released this morning . . . . U.S. manufacturing and service industry appear hardest hit.

https://www.cnn.com/2019/10/30/economy/us-gdp-third-quarter/index.html?

[macdon02]

Someone want to point out to Poloz that what's good for eastern Canada, isn't necessarily good for Western Canada?

[TechAnalyst]

I agree that the equity markets are vulnerable to a pullback here but I'm not convinced it needs to be deflationary.

Most often commodities outperform when stocks lag and vice versa. One only has to look at the 8 years following the dot com bubble bursting for an example.

The best thing that could happen to things that hurt when they fall on you (and have tangible value) may be a setback for stocks.

[sumdumguy]

How good can it be for Eastern Canada to import 1,000,000,000 barrels of oil in a year from Middle East?
It’s not good for any Canadian, what’s going on today. All because Easterners are jealous of Alberta’s boom.

[fjlip]

How good can it be for Eastern Canada to import 1,000,000,000 barrels of oil in a year from Middle East?
It’s not good for any Canadian, what’s going on today. All because Easterners are jealous of Alberta’s boom.

In news, if correct, Saudi's owe us BILLIONS $$ for light armoured vehicles? WTF?

[errolanderson]

Bank of Canada did hold rates steady today . . . 1.75%, but warned of slowing economy. Loonie hammered over these comments.

U.S. Federal Reserve caved again . . . cutting rates another 1/4%, for unspoken-of reasons.

No reaction from stock market . . . Fed has shot-their-wad (IMO), virtually powerless now.

[malleefarmer]

Seems markets are treading water this week after drops previous week. My heart hopes for small rally head suggesting downward pressure