Mark Chandler
Mark Chandler
bank canada clearly continue firm likely percent
You have firm inflation. The Bank of Canada has to continue tightening to keep it in check. Clearly it makes 4.25 percent more likely than 4 percent.
canada canadian close data gave lows market mean numbers previous testing
Usually Canadian data doesn't mean that much but we were so close to testing the previous (dollar/Canada) lows that when we got better productivity numbers it gave the market a push.
bank canada convince drag fact growth move sector september simple trade
The simple fact that the trade sector has ceased to be a significant drag on growth will be enough to convince the Bank of Canada to move on September 7 (and beyond).
bank canada economic interest likely raise rates view
The Bank of Canada still has a constructive view on economic growth. They may be likely to raise interest rates more.
bank canada canadian initial percent raise rate reaction weaker
The Bank of Canada may raise the rate to 4 percent and pause. Initial reaction is a weaker Canadian dollar.
although canada consistent percent
The (Bank of Canada is) priced for 4 percent and this is consistent with that right now, although they are in data-watching mode.
bank canada economy expansion firmly higher mode push rates
The economy is firmly in expansion mode so the Bank of Canada will take rates higher. Higher short-term rates will push up yields.
dodge speaks until
The only thing that is going on right now, and will be going on until Dodge speaks again, is the budgets.
five note planting seen
We haven't seen any planting of any note for five years.
lights man
What it comes down to (is that) Lachapelle was lights out. He was the man.
bank bonds central continue economy economy-and-economics general interest offer raise value
Two-year bonds don't offer too much value as the central bank may continue to raise interest rates. The economy in general is doing very well.
county increased indicate quality sales san trend
There is a trend to higher-quality wine, which would indicate increased sales for San Joaquin County wine. We don't participate in the jug-wine market.
california forty percent
Forty percent of all California zinfandel comes from Lodi.
bank core decisions expected fact given remained unchanged year
Given the fact that core was as expected and remained unchanged on a year on year basis, I don't think it will really change the Bank of Canada's decisions much.