George Davis
George Davis
MLB infielder who played 20 seasons and was inducted into the Baseball Hall of Fame in 1998.
ProfessionBaseball Player
Date of Birth23 August 1870
CityNew York City, NY
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The Canadian dollar is grinding lower, playing catch-up with the price correction that we saw in oil last week.
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It was a cold winter night, as I remember it. We were playing a Cary Grant movie or something like that and he suddenly appeared and held the door open for seniors.
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The bigger issue is not what will happen today, as everyone expects a quarter-point rate hike, but more important will be the accompanying statement to see what a post-Greenspan Fed will look like. It's fairly quiet right now.
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On balance, they were hawkish comments that basically indicate that there's more rate hikes to come, ... We saw the market basically turn into net buyers after that.
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It's been extremely volatile in this pair, especially with the upcoming elections in Canada.
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It seemed to be a little bit more of profit-taking and short-covering ahead of tomorrow's interest rate announcement than anything else.
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That seemed to change the texture of the market, given that the accompanying statement from the bank was a little bit more on the hawkish side of expectations.
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Existing home sales were stronger than expected and that is providing an offset.
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The interest rate side is probably giving the Canadian dollar some support against other currencies.
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We saw not much of a reaction to the Canadian data, but a little bit of a pop after the U.S. data came out, but on balance we haven't really moved.
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Up until now, many of these folks, these past couple weeks, have had no choices. What we want to do is return that sense of control over their lives back to them. Many of them have expressed that they don't know what they want to do.
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At this point, I think most people are just delving back to his time as the provincial finance minister, and focusing on the tax-cut angle, which I think in the long run would be perceived in a fairly positive fashion.
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We think our spring league is the best in the state. Our softball youth just keep getting better and better and better. The athletic growth of these players has been phenomenal and we feel we have been a part of that.
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The rise of the Canadian dollar is partly driven by the short-term selling pressure of the U.S. dollar after the tape came out.