Sal Guatieri
Sal Guatieri
bonds buy canadian foreign investors keen low quite stable
Foreign investors are still quite keen to buy Canadian bonds as we still have low and stable inflation.
despite economy fairly flat operating pressures price
Price pressures were fairly mild, despite the economy operating flat out.
bubble correction house maybe prices
House prices are accelerating, and maybe you can say that's a bubble or not and there will be some correction down the road.
boost canadian demand dollar exports gain increasing national prices related rising
The gain in the Canadian dollar is all related to rising commodities prices today. Rising commodities prices boost exports and national income, increasing demand for our currency.
coast energy fears heading higher hurricane oil prices production raising slower
The hurricane heading to the U.S. coast is raising fears of oil production cutbacks, higher energy prices and a slower U.S. economy.
bank canada core drop interest pressure raise
That (the drop in the core rate) will take some pressure off the Bank of Canada to aggressively raise interest rates.
cause damage katrina oil rita whether
There's a lot of uncertainty about whether Rita will cause as much damage to the oil infrastructure as Katrina did.
bank canada definitely economy encourages extra growing interest labor market possibly pressure raise wages
The economy is possibly growing faster, which will put extra pressure on the Bank of Canada to raise interest rates. The labor market is getting very tight, which may put upward pressure on wages and inflation. This definitely encourages the bank to go further.
consumers crazy slow spending taken trying
With incomes outpacing spending I think American consumers will keep spending like crazy going into the New Year, ... That's going to be taken into consideration by Greenspan, who's trying to slow things down.