Mark Chandler
Mark Chandler
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Cisco does not customize, or develop specialized or unique filtering capabilities, in order to enable different regimes to block access to information. Cisco sells the same equipment in China as it sells worldwide.
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(The Canadian dollar) got a boost from the employment data, but it's been on a roll over the last few days.
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In all, the good news for the fourth quarter on external balances should be well-received and underpin the Canadian dollar.
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The bank is reasonably comfortable with the notion that the consumer still has pretty good fundamentals.
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Forty percent of all California zinfandel comes from Lodi.
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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.
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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.
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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.
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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.
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The only thing that is going on right now, and will be going on until Dodge speaks again, is the budgets.