Andrew Pyle
Andrew Pyle
canadian equity few landscape point scenario sector
From a sector point of view, there would be very few 'safe' havens on the Canadian equity landscape if this scenario materialized.
appears begin bond call market nervous report scenario
It's a wake-up call for the bond market, ... The bond market was nervous to begin with that the goldilocks scenario wasn't panning out, and this report appears to confirms that.
business closer gives overall reason sentiment
It gives us reason to take a closer look at overall manufacturing and business sentiment at the end of the year.
actual clarity costs details provided
I think there's going to be more clarity or more details provided as to costing, what the actual costs will be.
easier
I think there are going to be easier things for them to put through before they go for that.
among attribute canadian companies concern decline dismiss dollar export impact increased indicator last rise valued volatility
We can attribute some of last month's decline to the rise in the Canadian dollar and increased concern among companies as to the impact this will have on export penetration and earnings, but at the end of the day the Ivey has never been a valued directional indicator because of its volatility and desks may partially dismiss the decline as a result.
alongside appreciation currency growth kick seeing south
We are now seeing the lags from currency appreciation kick in, alongside more uneven growth south of the border.
above appreciation canadian dollar fourth highs quarter recovery remains suspect threshold
While the recovery above the break-even threshold is a relief, it remains well back of the highs set in the fourth quarter and we would suspect that the appreciation in the Canadian dollar is restraining optimism.
canadian creation delivered dose job strength unexpected
May delivered another dose of unexpected strength in Canadian job creation.
appear guidance overly
Right now their guidance has been clear... they don't appear overly alarmed by this.
agreement broad concrete details impression liberals party support tory within
There's probably broad agreement within the Tory party for that. There's no concrete details on that, but you get the impression that Conservatives would probably support that as well. Obviously, the Liberals would support it because it's their program.
annual bank core gain hikes inflation largest major november percent rate reinforce since takes
This is the largest gain since November and takes annual core inflation to 1.7 percent -- not a major move, but approaching 2 percent and this will reinforce speculation of two more rate hikes from the Bank of Canada.
consumer hitting witnessed
We are hitting the consumer with headwinds that we have not witnessed on record.
economic further growth pressure remain retail sales support
If retail sales remain healthy, it will give further support to the economic growth in the first quarter. This put pressure on bonds.