Fifty-four Forty Or Freeze! Canadian GDP Skips Polar Vortex

By Jeffrey P. Snider at Alhambra Partners

With all the talk of extreme winter weather, it makes analysis of global economies more difficult when taking that into account. Fortunately, the Polar Vortex knows not to stray above the 49th parallel, confining itself only to the land of the Open Market Desk.

ABOOK Apr 2014 GDP Canada

Just imagine how bad Canadian GDP would have been if they had had the same winter.

 

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