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Rob Carrick's Reader: Reality check on the stock markets

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Reality check on the stock markets Economist David Rosenberg offers some reasons why you shouldn't put too much faith in the huge gains the stock markets turned in before pulling back a bit this past week.

What's driven the stock market this year? All the low interest stimulus applied by governments, or improving economic fundamentals?

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Whoa, Canada An American take on high gasoline prices in Canada. We pay about $2 more per gallon than they do because of taxes, but at least we have national health care.

The no-debt wedding A young blogger explains how she and her husband planned and organized a wedding without going into debt. As noted here, the average cost of a wedding was more than $23,000 last year.

More money Join the 10,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

Follow us on Twitter: @globemoney

Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; Berman's Market Update, a summary of the markets at the open, noon and close; and All-Star Investors, a monthly collection of articles exploring an investing trend or theme.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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