John Manley
John Manley
John Paul Manley PC OCis a Canadian lawyer, businessman, and politician. He served as Liberal Member of Parliament for Ottawa South from 1988 to 2004, and was Deputy Prime Minister between 2002 and 2003. He is now President and CEO of the Business Council of Canada...
change forever life moves ready sought three time
I was ready for that three years ago when I sought the post, but you know times change and life moves on. It may not be forever but right now it wasn't the time to go back.
ability avoid bad becomes good percent pick year
While it may not be a 20 percent year, it can be a better year than we've experienced so far. The ability to pick stocks, not just the good ones but avoid the bad ones, becomes very important.
coming earnings higher signs technology until
You have to own technology until you see some signs the earnings expectations are not coming in higher than expected.
bear bull mind seen side street wall work year
I think Wall Street is as out of its mind here on the bear side as it was a year ago on the bull side. I've seen too many rallies that were going to be 'The Bottom' that didn't work out.
absence fear gone lack seeing
The absence of fear is gone -- we're seeing the lack of the absence of fear.
baby bank boomers building economic financial five forest great home intel next older picks products recovery secular strong
I think Intel is still very good. It's done very well, but it is still a very, very strong story, ... I think Bank One is a very strong recovery story in the financial area. That usually does well as we see an economic recovery. Weyerhaeuser is in the forest products industry. A great secular story there in the next five to 10 years as home building picks up with the baby boomers getting older and the baby busters are getting bigger.
bounce demand market mean seems taste technology
I think it's just the first taste of the (economic) data. The demand for technology still seems to be there but (inflation concerns) mean the market will bounce all over the place.
community generate hoping interest knows money reward
We're hoping the reward money will generate some interest in the community someone who knows where he is, where he's hiding,
good market news rapid rise starved
The rapid rise does tell you something that we know already -- the market is so starved for good news that it doesn't take much for the market to go up.
asia bigger earnings impact last month numerical quarter seeing signs time
December, as the last month of the quarter and the last month of the year, is true- confessions month. For the first time we are seeing real, numerical signs that Asia is having a bigger impact on earnings than we expected.
despite economy higher interest seeing slowing
Despite higher interest rates, we're seeing an economy that is not slowing down,
answer bring cuts economy fed interest lower market months next rate respond six targeting tend though weakness whether
The Fed is not targeting the market with these rate cuts but it is targeting the economy ? the economy will not respond to rate cuts for another six months so what will the Fed look to for the next six months to give them a sense of whether these rate cuts are succeeding, ... My answer is 'the market'. Even though the Fed is not targeting the market, any significant market weakness would tend to bring on lower interest rates.
assume bit clearly market wrong
It was clearly wrong to assume that this would be a walkover, ... but now I think the market is being a bit too pessimistic.
believes best boost company confidence equity itself management overall statement
It would boost confidence in the overall equity market. The best statement a management can make that it believes in itself is for it to take the company away from you.