* Short-term bets diverge from asset mix (Arleen Jacobius, Pensions & Investments)
Staying the course: GM Asset Management CEO Nancy Everett doesn’t see changes in long-term expectations.
* Will Hybrid Prices Come Down? (Jonathan Welsh, Wall Street Journal)
recently attempted to purchase a hybrid Prius and found that the run-up in gasoline prices has resulted in propelling the sales of such vehicles. Dealers not only charge full retail prices, but also tack on extensive dealer fees. When can we look forward to the improvement of supplies of hybrid cars?
* Using the Right Tire Inflation Numbers (Jonathan Welsh, Wall Street Journal)
have a 2007 Nissan Altima 3.5 SE with Bridgestone P215/55R17 93 V tires. The recommended tire inflation according to the car’s door sticker is 33 pounds per square inch. The maximum pressure listed on the side walls of the tires is 51 psi. The guy at the oil-change shop said the information on the tire trumps that on the post and filled them to 51. It’s easy to find statements about adver…
* Immigration will fuel growth in GTA for next 25 years, CMHC says (Helen Morris, National Post)
There may be calmer times ahead for the housing market in the greater Toronto area. At this year’s Toronto Housing Outlook Conference, Canada Mortgage and Housing Corp. (CMHC) said it expects sales of existing homes in the GTA will fall 8.5% in 2009 and new listings will increase 1.2%.