Quotations
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Doug Porter Quotes
«You don't need the specter of deflation to provide an excuse for why the Fed cut, but I think it was lurking in the background and is one of the reasons we're seeing quite an aggressive Fed.»
Author: Doug Porter
«And I think a lot of it flows from a combination of very positive Canadian economic data on Thursday, as well as more signs out of the U.S. that the U.S. economy is cooling to a sustainable pace and that the (Federal Reserve) will be on hold for some time.»
Author: Doug Porter
«That he says 'the downside risks predominate,' however, suggests we can expect further interest-rate cuts over the course of the spring. I would expect a 50 basis point (half-percentage point) cut at the next meeting.»
Author: Doug Porter
«though to be more realistic I think it will struggle to get back above 90 cents.»
Author: Doug Porter
«No real common thread on the equity story. I guess one area of strength was in the financial sector. Partly, that was due to the rebound in bond prices.»
Author: Doug Porter
«(On Wednesday) it was oil and gas and on Thursday it's paper and forest products and gold, which is a name you don't hear too often on the winning side.»
Author: Doug Porter
«It's important that the U.S. markets are quietly turning forward themselves. There seem to be much better underlying sentiment for the tech stocks in the U.S. as well, so that's a big plus for the Canadian market.»
Author: Doug Porter
«This is a real story of a split market ... some of the tech stocks have been weak for most of the day, but generally most of the market has fared quite well.»
Author: Doug Porter
«What's quite encouraging about some of the strength we've seen in recent weeks, is that we're almost seeing a rotation form one sector to another. In other words, while industrial products and technology have been the clear winner this year, there have been a number of supporting actors.»
Author: Doug Porter
«As has been the story for most of this month, again on Monday it's largely a technology story.»
Author: Doug Porter