I don't think they'll refer to Katrina in terms of its
direct impact on the Canadian economy, but perhaps its impact
on higher oil,

The best you can say is that the German economy remains in dire straits and under duress and as far as what it means for policy... it's a beacon call to the ECB to cut rates,

Once an economy starts to bottom out and grow slowly, it starts to suck into the real economy all of the capital which was driving up asset prices before.

The pickup in imports is in line with the sense we had that the slowdown in the U.S. economy is close to its bottom. To some extent, last month's trade balance seemed surprisingly narrow, and this number is more in line with our basic view of the economy. We continue to see a U.S. economy that is growing slowly, but definitely growing.

The pickup in imports is in line with the sense we had that the slowdown in the U.S. economy is close to its bottom, ... To some extent, last month's trade balance seemed surprisingly narrow, and this number is more in line with our basic view of the economy. We continue to see a U.S. economy that is growing slowly, but definitely growing.

Some say the U.S. economy may be strengthening, but there's as much of a head wind coming from Europe and Asia. Half of 3M's sales are from overseas.