Economy

Unemployment in Canada is at 8%. Inflation is at 0.4%. Food prices are still rising. The prime lending rate is 2.25%, the lowest in Canadian history. Variable rate mortgages are at 3%. Two months ago the DOW fell faster than it did during the Great Depression, and in January Investors panicked as British banks announced huge losses. Money is being printed which must eventually result in inflation as dollars are devalued.

So why the market rally? What real-world, concrete, positive news do we have to explain this?