Gavin Graham
Gavin Graham
areas exciting leave oil political reminder supply vulnerable
It's a reminder that the political uncertainties and the exciting areas of the world to which you have to go to find this stuff, leave oil vulnerable to supply disruptions.
delivered format general hard lousy management places pull
General merchandisers have been lousy places to be, because management has not delivered and that format is very hard to pull off these days.
goes oil
If oil goes to $65, it'll be 12,500.
boom canadian economy economy-and-economics help resource western
The boom in western Canada's resource economy will help Canadian Pacific.
barrel bucks continuing despite drivers energy gold highs market oil prices record run strongly underlying weather
The underlying drivers of this market - resources, energy - are continuing to run very strongly at record highs in copper, nickel, zinc, aluminum, gold ... oil prices are back to 68 bucks a barrel despite this wonderful, balmy weather we're having.
capital markets performance
Capital markets performance was excellent, a blow-out quarter.
considered counted hard paying product
You're still paying cold, hard cash, but because the product is considered better, it's counted as a price-cut.
left sold store
Once they sold the credit-card business, what was left was the store chain, which is not particularly impressive.
days earnings half
Over half the banks' earnings these days comes from non-interest deposits.
market materials quarters return three
With energy, materials and financials, you've got three quarters of the market chugging along. It's not the return of Nortel.
coming north oil season sells shoulder winter
We've had the warmest winter in 150 years in North America, we're coming into the shoulder season when traditionally, oil sells off because of the end of the winter heating season, and yet we keep going.
badly business
With Bombardier, the story is how well the corporate-jet business is doing and how badly the regional-jet business is doing.
cash complete corporate department estate gives minority selling start stores structure wants worry
There are too many department stores in Canada. It simplifies the corporate structure so he doesn't have to worry about minority shareholders. If he wants to start selling real estate and leasing back stores, he can do that and get some cash back. It gives him complete control.