Even though 2011 will soon be behind us, I look towards 2012 with reservation because the challenging economic environment will continue into the New Year. The ongoing crisis in Europe, the upcoming US election and the slowing Chinese growth will guarantee periods of excess volatility. Will the US weak labor market improve? Will softer growth in China capture the spotlight? Will Europe derail a fragile economic recovery triggering a global recession? Finally, how many black swan events lie ahead?
It’s going to be very interesting watching events unfold in 2012…after all, who would have ever thought 2011 would turn out the way it did…
News Roundup
Why U.S. is still king for Canadian oil
Drilling Rights Sales Hit Record $3.54 Billion
Oil’s getting harder and harder to come by
Asia ‘Golden Age of Gas’ May Spur Singapore Hub, IEA Chief Says
Blog Roundup
BeatingTheIndex 2011 Holiday Giveaway (reminder of ongoing giveaway on BeatingTheIndex)
The 3 stages of personal finance (Invest it Wisely)
The Bank of Canada Stays Put on Low Interest Rates (Financialgod)
Top Canadian REITs (My Own Advisor)
Ipad 2 vs Samsung Galaxy (36 Months)
Ready to buy into the Life Insurance sector? (The Passive Income Earner)
Should You Own Covered Call ETF’s In 2012? (Covered Call ETFs)
If You Own Mutual Funds Or ETFs, Don’t Ignore This Metric (Money Cone)
Do Blogs or Dividends Pay Better Returns? (Money Reasons)
Credit Card Usage Is On Fire Again (Financial Samurai)
Have a Great Weekend!