Equipment Leasing News: TSX Tumbles and hits year low in global equities flight

VANCOUVER, BC (September 22, 2011) Clearlease Financial Central reports Toronto’s main stock index fell more than 3 percent on Thursday morning Sept 22, 2011, hitting its lowest point in more than a year, as worried investors fled equity markets after the U.S. Federal Reserve shook global confidence with a bleak economic outlook.

Wall Street fell more than 3 percent and European stocks were down more than 4 percent to a two-year low as risk aversion gripped global markets.

“It doesn’t matter what sector you look at, you’re looking at substantial drops in value here today. And I guess, given the world situation, we probably knew something like this was coming,” said Fred Ketchen, director of equity trading at ScotiaMcLeod.

“There’s fear, there’s worry, there’s talk about lack of growth. It’ll get overdone. We always do it. We overdo it on the upside and overdo it on the downside,” he said.

At 10:35 a.m. (1435 GMT), the Toronto Stock Exchange ‘s S&P/TSX composite index was down 394.42 points, or 3.30 percent, at 11,560.50. Earlier, it sank as low as 11,476.51, its weakest point since August 2010. All 10 main index sectors were lower.

A grim outlook for the U.S. economy from the Federal Reserve on Wednesday and signs of a slowdown in China and Germany sent world equity markets tumbling and drove investors into safer currencies and government bonds.

The U.S. dollar rose to a seven-month high against major currencies as risk aversion swept through markets.

The TSX’s materials and energy groups each dropped nearly 5 percent, as the gloomy outlook and the strong U.S. dollar pummeled commodity prices. The Reuters-Jefferies CRB index of commodities was set for its biggest one-day slide since the “flash crash” in raw materials prices in early May this year.

Suncor Energy was the heaviest drag on the index, down 6 percent at C$26.43, while Barrick Gold fell C$5.1 percent to C$50.81, and Potash Corp lost 3.7 percent to C$48.53.

The financials group fell 2.6 percent, led by Toronto-Dominion Bank , down 3 percent at C$69.99. Royal Bank of Canada was off 2.6 percent at C$45.36 and Manulife Financial tumbled 5.5 percent to C$11.26.

The Fed set the ball rolling on Wednesday when it launched “Operation Twist”, a plan to lower long-term borrowing costs by selling or not renewing short-term debt in favor of longer bonds.

The move was expected, but the Fed’s statement of the rationale behind it was stark, saying there were “significant downside risks” facing the U.S. economy.

($1=$1.03 Canadian)

Some of the Business Equipment Clearlease Finance include:

For more information please visit us at: http://clearlease.com/equipment.html

Some of the Business Equipment Clearlease Finance include:

Equipment Types: Backhoe, Skid Steer, Excavator, Telehandler, Loader, Mulcher, Skidder, Trailers, Used Equipment – All Types, Wood Chippers

Clearlease are specialists in; lease, equipment leasing, leasing, lease equipment, equipment lease Canada, equipment financing, financing, leasing companies, leases, equipment leases, lease financing, equipment lease finance, business financing, lease new, lease used, commercial equipment lease, business finance, business lease, truck lease, truck financing, auto financing, commercial vehicle lease, business financing specialist, leasing services Vancouver, BC, alberta, lease canada, bobcat, skid steer, excavator, loader, heavy equipment.

For more information please visit us at: http://clearlease.com/equipment.html

Clearlease Equipment Lease Financing, Commercial Financing Mortgage Refinance Mortgage Auto Lease, Vendor Program – Clearlease

Clearlease Video Link: http://youtu.be/fROP17iUSEg

For more information please visit us at: http://www.clearlease.com/equipment.html

About Clearlease

Clearlease Financial Group Corporation (Clearlease.com) may be able provide you with fully diversified Lease Finance Mortgage Banking Brokerage service specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Contact Clearlease.com:

Clearlease Financial Group Corporation
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 716-0495
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542

Clearlease Financial Group Corporation are specialists in;

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( Video Link: http://youtu.be/fROP17iUSEg )

VANCOUVER, BC (September 22, 2011) Clearlease Financial Central reports Toronto’s main stock index fell more than 3 percent on Thursday morning Sept 22, 2011, hitting its lowest point in more than a year, as worried investors fled equity markets after the U.S. Federal Reserve shook global confidence with a bleak economic outlook.

Wall Street fell more than 3 percent and European stocks were down more than 4 percent to a two-year low as risk aversion gripped global markets.

“It doesn’t matter what sector you look at, you’re looking at substantial drops in value here today. And I guess, given the world situation, we probably knew something like this was coming,” said Fred Ketchen, director of equity trading at ScotiaMcLeod.

“There’s fear, there’s worry, there’s talk about lack of growth. It’ll get overdone. We always do it. We overdo it on the upside and overdo it on the downside,” he said.

At 10:35 a.m. (1435 GMT), the Toronto Stock Exchange ‘s S&P/TSX composite index was down 394.42 points, or 3.30 percent, at 11,560.50. Earlier, it sank as low as 11,476.51, its weakest point since August 2010. All 10 main index sectors were lower.

A grim outlook for the U.S. economy from the Federal Reserve on Wednesday and signs of a slowdown in China and Germany sent world equity markets tumbling and drove investors into safer currencies and government bonds.

The U.S. dollar rose to a seven-month high against major currencies as risk aversion swept through markets.

The TSX’s materials and energy groups each dropped nearly 5 percent, as the gloomy outlook and the strong U.S. dollar pummeled commodity prices. The Reuters-Jefferies CRB index of commodities was set for its biggest one-day slide since the “flash crash” in raw materials prices in early May this year.

Suncor Energy was the heaviest drag on the index, down 6 percent at C$26.43, while Barrick Gold fell C$5.1 percent to C$50.81, and Potash Corp lost 3.7 percent to C$48.53.

The financials group fell 2.6 percent, led by Toronto-Dominion Bank , down 3 percent at C$69.99. Royal Bank of Canada was off 2.6 percent at C$45.36 and Manulife Financial tumbled 5.5 percent to C$11.26.

The Fed set the ball rolling on Wednesday when it launched “Operation Twist”, a plan to lower long-term borrowing costs by selling or not renewing short-term debt in favor of longer bonds.

The move was expected, but the Fed’s statement of the rationale behind it was stark, saying there were “significant downside risks” facing the U.S. economy.

($1=$1.03 Canadian)

Some of the Business Equipment Clearlease Finance include:

For more information please visit us at: http://clearlease.com/equipment.html

Some of the Business Equipment Clearlease Finance include:

Equipment Types: Backhoe, Skid Steer, Excavator, Telehandler, Loader, Mulcher, Skidder, Trailers, Used Equipment – All Types, Wood Chippers

Clearlease are specialists in; lease, equipment leasing, leasing, lease equipment, equipment lease Canada, equipment financing, financing, leasing companies, leases, equipment leases, lease financing, equipment lease finance, business financing, lease new, lease used, commercial equipment lease, business finance, business lease, truck lease, truck financing, auto financing, commercial vehicle lease, business financing specialist, leasing services Vancouver, BC, alberta, lease canada, bobcat, skid steer, excavator, loader, heavy equipment.

For more information please visit us at: http://clearlease.com/equipment.html

Clearlease Equipment Lease Financing, Commercial Financing Mortgage Refinance Mortgage Auto Lease, Vendor Program – Clearlease

Clearlease Video Link: http://youtu.be/fROP17iUSEg

For more information please visit us at: http://www.clearlease.com/equipment.html

About Clearlease

Clearlease Financial Group Corporation (Clearlease.com) may be able provide you with fully diversified Lease Finance Mortgage Banking Brokerage service specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Contact Clearlease.com:

Clearlease Financial Group Corporation
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 716-0495
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542

Clearlease Financial Group Corporation are specialists in;

lease, equipment leasing, leasing, lease equipment, equipment lease Canada, equipment financing, financing, leasing companies, leases, equipment leases, lease financing, equipment lease finance, business financing, lease new, lease used, commercial equipment lease, business finance, business lease, truck lease, truck financing, auto financing, commercial vehicle lease, business financing specialist, leasing services Vancouver, BC, Alberta, lease canada, bobcat, skid steer, excavator, loader, heavy equipment,Leasing Services vancouver,British columbia,Lease Canada, Agricultural Equipment Leasing, Business Computers Leasing, Construction, Dry Cleaning Equipment Leasing, Fitness Equipment Leasing, Forestry Equipment Leasing, Industrial Equipment Leasing, Medical ,Metalworking Equipment Leasing Office Equipment Leasing,Oil & Gas Equipment Leasing,Printing Equipment Leasing Restaurant Equipment Leasing,Self Storage Equipment Leasing,Software Equipment Leasing Telecommunications Equipment Leasing,Used Equipment Leasing,Wholesale Reatil Equipment Leasing, Commercial Equipment Leasing,Industrial Equipment Leasing,Manufacturing Equipment Leasing, Commercial Solar Panel Financing, Equipment Leasing Canada, Farm Equipment Leasing,Forklift Leasing,Medical Equipment Leasing, Computer Equipment Leasing,Entertainment Equipment Leasing, Green Manufacturing Equipment Leasing,Equipment Vendor Leasing, Vendor Finance,Vendor Equipment Leasing Programs,Business Finance,Commercial Leasing,Equipment Lease Calculator,Equipment Leasing Quote, Renewable Energy Equipment Leasing,Business Equipment Lease,Mortgage Information,Credit Line,Residential Mortgage, Commercial Lending,Commercial Mortgage,Commercial Mortgage Lending, Refinance,Sale Leaseback, DLC Clearlease,Using a Mortgage Profesional,Benefits,Cost,Home Purchase,Buying a Home, Home Purchase calculators,Current Mortgage Rates,How to Apply for a Mortgage, Refinance your Current Mortgage,Mortgage Renewal,Home Equity,Mortgage Life Insurance, Commercial Mortgage Financing,Canada,BC,ALTA,British Columbia,Alberta, Vancouver, BC Lower Mainland, Mortgage Broker,Rates,Calculator,Dominion Lending Centres,Clearlease, Mortgage Financing,BC Home Mortgages,Best Mortgage Rates,Financial Services,First Time Home Buyer, Refinance,ALTA Home Mortgages,West Vancouver,North Vancouver,Downtown,Metro Vancouver,Lower Mainland, Yaletown,Coal Harbour,Equipment Leasing Calculator,Free Mortgage Calculators, Refinance Bad Credit,refinance with bad credit, bad credit mortgage refinance Vancouver,Mortgage Brokers Bad Credit BC, mortgage brokers bad credit, best mortgage rates, canada mortgages,canada mortgage,lowest rate, mortgages canada,lowest mortgage rates,canadian mortgages,canada mortgage rates,best canadian mortgages

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( Video Link: http://youtu.be/fROP17iUSEg )

VANCOUVER, BC (September 22, 2011) Clearlease Financial Central reports Toronto’s main stock index fell more than 3 percent on Thursday morning Sept 22, 2011, hitting its lowest point in more than a year, as worried investors fled equity markets after the U.S. Federal Reserve shook global confidence with a bleak economic outlook.

Wall Street fell more than 3 percent and European stocks were down more than 4 percent to a two-year low as risk aversion gripped global markets.

“It doesn’t matter what sector you look at, you’re looking at substantial drops in value here today. And I guess, given the world situation, we probably knew something like this was coming,” said Fred Ketchen, director of equity trading at ScotiaMcLeod.

“There’s fear, there’s worry, there’s talk about lack of growth. It’ll get overdone. We always do it. We overdo it on the upside and overdo it on the downside,” he said.

At 10:35 a.m. (1435 GMT), the Toronto Stock Exchange ‘s S&P/TSX composite index was down 394.42 points, or 3.30 percent, at 11,560.50. Earlier, it sank as low as 11,476.51, its weakest point since August 2010. All 10 main index sectors were lower.

A grim outlook for the U.S. economy from the Federal Reserve on Wednesday and signs of a slowdown in China and Germany sent world equity markets tumbling and drove investors into safer currencies and government bonds.

The U.S. dollar rose to a seven-month high against major currencies as risk aversion swept through markets.

The TSX’s materials and energy groups each dropped nearly 5 percent, as the gloomy outlook and the strong U.S. dollar pummeled commodity prices. The Reuters-Jefferies CRB index of commodities was set for its biggest one-day slide since the “flash crash” in raw materials prices in early May this year.

Suncor Energy was the heaviest drag on the index, down 6 percent at C$26.43, while Barrick Gold fell C$5.1 percent to C$50.81, and Potash Corp lost 3.7 percent to C$48.53.

The financials group fell 2.6 percent, led by Toronto-Dominion Bank , down 3 percent at C$69.99. Royal Bank of Canada was off 2.6 percent at C$45.36 and Manulife Financial tumbled 5.5 percent to C$11.26.

The Fed set the ball rolling on Wednesday when it launched “Operation Twist”, a plan to lower long-term borrowing costs by selling or not renewing short-term debt in favor of longer bonds.

The move was expected, but the Fed’s statement of the rationale behind it was stark, saying there were “significant downside risks” facing the U.S. economy.

($1=$1.03 Canadian)

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About Clearlease

Clearlease Financial Group Corporation (Clearlease.com) may be able provide you with fully diversified Lease Finance Mortgage Banking Brokerage service specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

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