Quotations
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Doug Porter Quotes
«What's interesting is that there's a real split between present expectations and the future. Consumers still view their present situation as exceptionally good, but there does seem to be a little bit of trepidation about the outlook going forward.»
Author: Doug Porter
«The Fed wants the economy to keep churning out steady, consistent growth for as long as possible -- that's their No. 1 objective, ... They have made it very clear that they don't want to snuff out the expansion.»
Author: Doug Porter
«If I had to say there was a risk, it would be that they'll move 50 basis points -- I wouldn't rule that out completely, ... many people find it difficult to stick to that kind of prediction.»
Author: Doug Porter
«It clearly shows that the U.S. economy is very strong and isn't slowing down. That doesn't bode well for the possibility of inflation and it doesn't bode well for the outlook for the U.S. dollar.»
Author: Doug Porter
«Nothing has happened beyond the U.S. border to offset the U.S. economy's strength,»
Author: Doug Porter
«Inflation is not necessarily showing up yet, but I don't think the Fed wants to wait around to see the whites of its eyes. It's gotten to a point where the U.S. economy is displaying so much strength that the market is almost telling the Fed it should act.»
Author: Doug Porter
«It certainly looks like it's going to take one or two moves soon to slow things down. We're definitely leaning toward the view that they'll raise rates soon.»
Author: Doug Porter
«If there's anything to point out from the press release from the Fed, I would have to say on balance it was a little bit milder than expected.»
Author: Doug Porter
«What it shows is that inventories are still in pretty good balance. There's no sign that there's any unwanted build-up.»
Author: Doug Porter
«The recovery in the global financial backdrop is a key part of the outlook for tightening,»
Author: Doug Porter