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...
bad good news pieces
I think there are more pieces of good news here than bad news.
above ahead bit concerns expecting fed interest lingering next oil prices profit pushing rate suspect
I suspect it was just a bout of profit taking, a bit of nervousness ahead of next week's Fed meeting. Not that anyone's expecting anything out of the Fed's next week, but I think there still are some lingering concerns about the longer-term interest rate outlook. Especially with oil prices pushing above $32 a barrel,
clearly economy inflation outlook shows slowing strong
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.
corporate growth high last possible profit quite robust side simply
I think it's quite possible revenues will come in on the high side of expectations simply because we've had very robust corporate profit growth over the last year.
bank canadian continue despite interest latest raise strength view
The overwhelming view is that the bank will continue to raise interest rates, despite the latest strength in the Canadian dollar.
bank cautious future highlight indeed likely press raise rate release risks sound
If the bank does indeed raise rates, they are likely to sound very cautious about future rate moves, with the press release likely to highlight the many risks to the economy.
again line share tail tech turned
Some of the high-flying tech stocks, and again those are the ones without earnings, turned tail around mid-afternoon in line with the share pull-back in the Nasdaq.
broader due fact fairly large market suffered weakness york
Some of the weakness in the broader market was probably due to the fact that New York suffered a fairly large sell-off.
concern continued economy guess market north raises serious telling weakness
I guess the other concern is the continued weakness in the U.S ... it raises some serious concern over what the market is telling us for the North American economy going forward.
bank central dollar economy performing supporters
Canada's dollar still has a lot of supporters out there. The economy is performing very well and the central bank may go further.
bonds both bring bullish certainly economy ideal message soft
The message that seeped out was that he does think that they've pretty much done enough to bring the economy in for a soft landing, and that really is an ideal world for equities. While it was disguised, it certainly was a very bullish message for both bonds and stocks,
attract continues interest money rate
The interest rate differential continues to attract money to the U.S..
basically bear grin maybe
They'll basically grin and bear it. Well, maybe they won't grin, but they'll bear it,
bank bit canada consumer growth increase interest margin pressure raise spending together
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.