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...
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There is a bit of risk because it will probably pump up real retail sales ... from all the various tax cuts.
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I think Monday's decline is pretty modest after last week's sprint, so a bit of a pullback is not a complete surprise.
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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,
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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.
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What it shows is that inventories are still in pretty good balance. There's no sign that there's any unwanted build-up.
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Even though the headline number looked good on the TSE, there is still a slight concern that it's moving forward on vary narrow breadth,
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As the negatives keep stacking up for the province, we will see growth weaken .Ê.Ê. and begin to dig into the province's revenues.
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While there are still concerns about further Fed rate hikes down the road, it does seem as if the Fed's on hold for now and investors are starting to reassess which companies still have the best long-term prospects,
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The recovery in the global financial backdrop is a key part of the outlook for tightening,
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Simply put, Canada's balance of payments remains exceptionally strong. It is very tough to make the case that the Canadian dollar is wildly overvalued when the country continues to chalk up solid current account surpluses and net inflows in foreign direct investment.
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Obviously, consumers just ignored all the dire warnings and kept on spending.
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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,
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We're a clear-cut loser from the spike we're seeing in energy prices.
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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.