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...
attract continues interest money rate
The interest rate differential continues to attract money to the U.S..
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.
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.
account balance canadian case chalk continues country current direct dollar foreign net remains simply solid tough wildly
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.
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.
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 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.
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.
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.
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,
backdrop financial global key outlook recovery
The recovery in the global financial backdrop is a key part of the outlook for tightening,
good shows sign unwanted
What it shows is that inventories are still in pretty good balance. There's no sign that there's any unwanted build-up.
best companies concerns fed further hikes hold investors rate seem starting
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,