Quotations
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Doug Porter Quotes
«The strong Canadian dollar does not seem to be an impediment to further rate hikes ... at least not yet.»
Author: Doug Porter
«Beneath this calm surface, the economy is churning mightily below, with wide divergence among sectors.»
Author: Doug Porter
«This government is trying to offer as much tax relief as possible. We can thank the commodity boom for that.»
Author: Doug Porter
«There is a bit of risk because it will probably pump up real retail sales ... from all the various tax cuts.»
Author: Doug Porter
«These together will probably increase consumer spending and at the margin . . . it will put a bit of upward pressure on growth and could potentially put that much more pressure on the Bank of Canada to raise interest rates.»
Author: Doug Porter
«You always have to put these numbers in context; there was quite a spike in April, and if you take the average of these two months, it's pretty close to the trend we've seen in the past year. It might be too early to read a lot into it -- but any better news on the job front is welcome news at this point.»
Author: Doug Porter
«[Monday's 10-year yield] is really not out of line with the average rate we've seen in the past six to nine months. The kind of levels where I'd be getting concerned would be from about 4.5 percent and up.»
Author: Doug Porter
«It basically drove home the point that the economy was healthy before the hurricanes and indeed may have remained healthy afterward as well.»
Author: Doug Porter
«I think what the market is waiting for is some signs of stabilization in the global economy, and especially the U.S. economy.»
Author: Doug Porter
«As much as I say the equity market is waiting for some stabilization in the economy, you can almost flip it on its head and say the equity market usually acts as a leading indicator for the economy, and right now the equity market is not giving any sense that a turnaround is at hand.»
Author: Doug Porter