Ok, now that the little spectacle south of the border is finally finished it is back to reality. US and Canadian jobs figures are due out today. South of the border it will be interesting to see if the numbers are worse than 200,000 to the bad. In Canada it will be interesting to see if there will be any revisions to that oh so rosy election version of the LFS (I suspect we will have to wait for those revisions). The Canadian numbers are crucial in light of the IMF’s just released WEO prediction that Canada would be the sole advanced capitalist country to be spared a contraction. Personally I think somebody should throw a couple of different switches on in the IMF’s CGE model.
In the meantime I will leave readers with a salute to the president who was not elected south of the border. Although as the ambassador at large (no joke) for Haiti Wyclef already has a fairly good gig.