Tuesday, March 22, 2011

Fat Canadians and the Bank of England

Canadian calories

Canadian calories © fintag

News comments:
We all live and die by statistics.

Take right now. We have decisions being made off Geiger-counter readings; number of civilian deaths caused by mad despots; house deflation; credit ratings; and interest rate numbers.

So I have read Canadians like calories. Is this a good thing or a bad thing? Well calories and lack of exercise mean diabetes and health care costs increase, along with new seats for buses and larger ambulances. Lots of long only opportunities here. Of course if the Canadians are fit and burn this off through rigorous exercise (they do win a few medals at the Olympics) then the long only opportunities would be different. Protein shakes, running shoes and of course food manufacturers and distributors.

The statistic us Brits are concerned about is inflation. And guess what? It is 4.4% (reuters). Now that is worrying but not as much as the public debt which was its highest ever.

Just as it seems safe to come out from the behind the sofa, us Brits are retreating back to the comfort of our duvets and tubs of ice cream and wishing we were Canadian.

Today's shorts:
Sarah Palin
Sarah Palin aborts
Sarah Palin aborts visit
Sarah Palin aborts visit to

Today's longs:
ECB looks at the numbers and decides to give Greece a break (bloomberg)

Traders look to increase their bonuses and keep on buying for the heck of it (bloomberg)

AIFM (hedgeweek)

Canada predicted to win the 2012 gold medal in Sumo wrestling.


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Anonymous said...

Canandian govt collapes. Too many calories obviously