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...
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..
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.
bath blood commodity past
In fact, over the past week, it was a veritable blood bath for commodity prices.
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.
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.
assume continue drums interest point problem raise strength
At the very least, it drums on the point that they'll continue to raise interest rates. By deductive reasoning, you'd assume that they don't have a big problem with the strength of the currency.
based increases kept past rolling tremendous winners
It was a narrowly based rally, ... A lot of the big winners that had tremendous increases in the past ,just kept rolling along.
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.
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.
basically bear grin maybe
They'll basically grin and bear it. Well, maybe they won't grin, but they'll bear it,
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.
crazy drivers good trust
Personally, I don't trust a lot of the drivers in town, they are crazy and careless, but they've been pretty good so far.