R. Inge
R. Inge
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If you're focused on places you want to be down the road, you're not focusing on the task at hand.
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In a period when there were a lot of M&A heated activity they, by virtue of being in the penalty box, could not realistically look at anything because there would be a question mark as to whether you could really close any transaction in a reasonable time.
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If you mark-to-market the portfolios together, you are looking at multibillion mark-to-market losses, particularly with gold at $500-plus.
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The big fear, and the cloud that is overhanging the market is inflation. Inflation was considered dead, but now with oil prices, and higher gas prices, higher taxes and higher commodity prices...all of this with higher activity, eventually it's got to show up.
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The belief in progress, not as an ideal but as an indisputable fact, not as a task for humanity but as a law of Nature, has been the working faith of the West for about a hundred and fifty years.
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Bank results have been in line with expectations. But the talk is more the rebound in the oil prices and the pick up in the resource stocks as the quarterly earnings come out.
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Bank stocks are acting better, and, of course, mother Bell (BCE Inc.), and then you combine that with the oils, which were a little bit better on Friday, and you have some pretty good participation in the market.
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It's not the same fastball he used to throw. But he's smart enough to mix 'em up.
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It looks like the technology stocks are recovering, so that's helping the market tone.
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It looks like the resource stocks are going to carry the day again. We will probably have a much stronger opening.
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It was really a flat, flat market and by and large the dominant theme was the constrained trading because of the holiday.
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It will be another commodities day. I think we will have a stronger open here even in the face of higher interest rates.
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It is useless for the sheep to pass resolutions in favor of vegetarianism while the wolf remains of a different opinion
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The way he's been pitching lately, we almost feel obligated to go out there and get him some runs. Confidence is the key in baseball. When you feel confident, you're going to put up good numbers.