Quotations

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Doug Porter Quotes

«I think the overall picture is going to be one of extreme strength and the pool of labor is not getting any bigger. The Fed's concern is that wage increases will start outstripping productivity gains. So far that hasn't been a problem but that's what people are looking for in this week's report.»
Author: Doug Porter
«You had the oil and energy complex dropping on a day when energy prices have rebounded and look to be strengthening and it looks like oil prices are headed back above $29. And financials were weak even though the bond market was surprisingly quite strong both in Canada and the U.S.»
Author: Doug Porter
«It was a similar story to what we saw in 1999 when it was dominated by a vary narrow group of stocks, Bell and Nortel, but outside of that there was quite a bit of weakness.»
Author: Doug Porter
«Simply put, when the hottest sector turns tail on valuation concerns, it raises the questions about some of the valuations of other sectors as well.»
Author: Doug Porter
«Right now there's concern again reemerging in the market that the Fed (U.S. Federal Reserve) is going to become more aggressive.»
Author: Doug Porter
«Even though the headline number looked good on the TSE, there is still a slight concern that it's moving forward on vary narrow breadth.»
Author: Doug Porter
«The market is basically waiting for signs that the slowdown is for real or not, and if there is a slowdown, just how deep is it?»
Author: Doug Porter
«Nortel alone accounted for more than the (TSE 300's) entire gain.»
Author: Doug Porter
«While there are still concerns about further Fed rate hikes down the road, it does seem as if the Fed's on hold for now and investors are starting to reassess which companies still have the best long-term prospects.»
Author: Doug Porter
«The only complaint about Monday's move is that it was on fairly narrow breadth ... but that shouldn't take away from what's been an entirely impressive run by the TSE, both this month and this year.»
Author: Doug Porter

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