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I am watching this week’s trading to see if the GDP news has any effect on the Barbados Stock Market. One would expect some sort of reaction to such unexpected news.
I doubt it will have any effect on trading. It be low as always with little share value gain or lost.
.3%, what is there to feel confident in a number which is statistically insignificant? It must be sustained.
Indeed david. Wondering how the governor going to spin it all now.
Get real.
1% in the USA, 1% in Canada, 1% in Barbados.
USA 310, Canada 34, Barbados 0.28
If you can figure this out then you might understand the .3%.
There is value in a plus no matter how small and context is important as shown below.
280,636 permanent residents entered Canada LAST YEAR.
That is the entire population of Barbados.
Breakfast in Barbados 2011.
The Canadians are coming again.
@Hants
We are not saying is not welcomed news but it must be taken in context. The fundamentals of the Barbados economy remains the same.
indeed canadians spending is the supposed majority source for the gdp growth rate.
though canada & us where more like 3% growth.
But after a 0.8% decline in 2008 and a 4.5% decline in 2009, a stabilization of the economy is most welcome.
One of the things it seems to show is how utterly dependent on tourism the economy is.
Justin Robinson wrote “One of the things it seems to show is how utterly dependent on tourism the economy is.”
Barbados should make Agriculture, Food security and Energy alternatives and conservation a priority.
It’s not only the NYSE and the German Bourse that are planning to merge, check out the news from Toronto re the TSE and the LSE
http://www.theglobeandmail.com/globe-investor/tmx-deal/tmx-to-merge-with-lse/article1899380/
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