Newsletter: Are We (Half Way) There Yet

Are We (Half Way) There Yet?

– A look at the stimulus paved road to recovery

Pacifica Partners’ Investment Compass – Quarterly Market Commentary- Oct 18th 2009

In this issue:

Pacifica Partners’ 2009 third quarter Investment Compass Quarterly Market Commentary examines the economy’s current state and the impact that the global economic stimulus packages have had. In this issue we also examine inflation vs. deflation fears, the possibility of a jobless recovery, and corporate earnings.

Keywords: unemployment, inflation, nasdaq, commodities, Inventories, rebound, Federal Reserve, Deflation, economic growth, money supply, emerging markets, ben bernanke, cost cutting, fall 2009, keynesian, government stimulus, labor force, industrial capacity, pacifica partners, speaker series, g20 nations, monetary response, jobless recovery, us dollar depreciated, m2 money supply, inventory restocking

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Investment Compass

Legal Disclaimer

This report is for information purposes only and is neither a solicitation for the purchase of securities nor an offer of securities. The information contained in this report has been compiled from sources we believe to be reliable, however, we make no guarantee, representation or warranty, expressed or implied, as to such information’s accuracy or completeness. All opinions and estimates contained in this report, whether or not our own, are based on assumptions we believe to be reasonable as of the date of the report and are subject to change without notice. Past performance is not indicative of future performance. Please note that, as at the date of this report, our firm may hold positions in some of the companies mentioned.

Copyright (C) 2009 Pacifica Partners Inc. All rights reserved.

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