Finance Analysts Project Increase in GDP in First Quarter

Mr. Butterhead isn't impressed.Remind you, they are realists (should you suggest different). Canadian Analysts from the esteemed Hansgood Economic School have released their latest report and things are looking up, well kinda at least. “We don’t want to take the role of John H. Goodnews,” remarked Tim Harsgroove, “but our findings suggests that Canada’s GDP may start to increase in 2010″ Great news, and couldn’t be more timely for Canada’s dwindling trade market. The estimates report that this increase could be anywhere from a conservative .01% to a possible 18%.  Harsgroove was quick to point out that the 18% increase projection’s basis is discovering a huge oil and gold reserve “somewhere in the north.” An event that seems unlikely, but still, an 18% increased to the GDP would be a huge boost after last year’s recession.

“It’s been hard, I’ll admit, but these types of projections are encouraging” said foreign analyst specialist Jason Butterhead, head of Hansgood’s prestigious think tank . “The imposed Tariffs on some of our key sectors have resulted in a slowdown and some very unavoidable conclusions, but this is nothing more than a call to action for smaller traders to step up to the plate. I think it’s much more important to keep a cool head and use the opportunity to trim a little fat, so to speak”

This news couldn’t have come at a better time for Suman Koochpu. Suman had recently had to restructure his small shipping and correlating business and wasn’t optimistic until reading this report. “It’s about time we had some good news,” said Suman, “it’s been a rough year.”

It’s those sentiments that are on the tips of the trade industries key players tongues for most of 2009. Unfortunately no bail outs for the trades, but that hasn’t stopped others from basing their projections on these types of reports; a gamble indeed, but perhaps a necessary one.

I don’t like to editorialize, but with these conservative estimates is it really the best time to invest in capital with the interest rates the way they are? I would that perhaps our best route is to levy our debt with a restructuring based on the prime interest rates fiscal projections. But then again, maybe I’m just too practical and could never make it in the competitive world of trade.

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