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...
energy loser seeing spike
We're a clear-cut loser from the spike we're seeing in energy prices.
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 central dollar economy performing supporters
Canada's dollar still has a lot of supporters out there. The economy is performing very well and the central bank may go further.
bath blood commodity past
In fact, over the past week, it was a veritable blood bath for commodity prices.
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,
attract continues interest money rate
The interest rate differential continues to attract money to the U.S..
earlier fed locked might rates revision slight spread view
There's been a slight upward revision of expectations for Fed tightening, which would keep the spread between rates locked in. The earlier view was that the spread might narrow.
acts almost equity flip giving head indicator leading market turnaround waiting
As much as I say the equity market is waiting for some stabilization in the economy, you can almost flip it on its head and say the equity market usually acts as a leading indicator for the economy, and right now the equity market is not giving any sense that a turnaround is at hand.
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.
balance decent employment gains healthy job picture regional report rising strong wage
The combination of strong full-time job growth, the low-low jobless rate, rising wage gains and a decent regional balance to the employment picture make this a very healthy report overall.
canadian negative
This is a clear-cut negative for Canadian growth.