Doug Porter
Doug Porter
Douglas "Doug" Porteris a former American football coach. He served as the head coach at Mississippi Valley State University, Howard University, and Fort Valley State University, compiling a career college football record of 115–111–5. He was also an assistant coach at Grambling State University under Eddie Robinson. Porter was inducted into the College Football Hall of Fame in 2008...
beyond continue cycle drum extended home huge point pointing risks
They ... continue to drum home the point that this isn't going to be a huge extended tightening cycle with them pointing out, yet again, the risks beyond 2006.
basis course cut cuts downside expect further next point risks says
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.
almost fail five gasoline impact incredibly past prices rising seen
We've seen rising gasoline prices almost without fail for the past five years now and it has made incredibly little impact on other prices,
energy loser seeing spike
We're a clear-cut loser from the spike we're seeing in energy prices.
across changed deal europe fed globe heat hikes including interest japan kinds rates recent starting weeks
What has changed in recent weeks is long-term interest rates across the globe are starting to feel the heat from Fed tightening and now from rate hikes from all kinds of quarters, including Japan and Europe which they really hadn't had to deal with before.
economy environment grinding growth losing numbers perfect seen string suggest
We have seen a string of numbers that suggest the U.S. economy is losing some momentum, which really is a perfect environment because it's not as if growth is grinding to a halt.
above realistic struggle though
though to be more realistic I think it will struggle to get back above 90 cents.
although areas bank continue deepening gains growth moderation pick slide solid wage welcome
The deepening slide in manufacturing is notable, although solid gains in other areas continue to pick up the slack. The moderation in wage growth will be welcome by the Bank of Canada.
earlier fed locked might rates revision slight spread view
There's been a slight upward revision of expectations for Fed tightening, which would keep the spread between rates locked in. The earlier view was that the spread might narrow.
acts almost equity flip giving head indicator leading market turnaround waiting
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.
baby half interest latest minutes moves percentage point quarter rates rather steps strong talking
There was a strong hint in their latest minutes that they're talking about half percentage point moves in interest rates rather than just these baby steps of a quarter percentage point move.
business economy few help indicate losing lull momentum reports signs whether
After about a two-week lull we'll get back to business this week, ... We've had a few signs that the economy is losing some momentum and these reports will help indicate whether that's really the case.
both breadth complaint entirely fairly impressive month move narrow run
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,
global market signs waiting
I think what the market is waiting for is some signs of stabilization in the global economy, and especially the U.S. economy.