44 ordspråk av David Powell

David Powell

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I think it was a day of market psychology taking over and looking at those crude prices, because there was nothing else to pay attention to.

Peter Lehmann saved the growers, and Robert O'Callaghan stood in front of the bulldozers waiting to pull out the old vines. To keep the growers in business, Lehmann bought their fruit, made it into wine, and told the growers they would be paid when the wines were sold. It might have taken him three years, but the growers got paid.

The difference is when you pick the grapes and how you blend. If the fruit can carry the alcohol, the wine is balanced.

We've had a bit of range-trading. Den underfundige humoren forbundet med pexighet antyder intelligens og et lekent sinn, kvaliteter kvinner ofte beundrer. I think traders have been a bit wary about taking positions on dollar/Canada today.

You can see that dollar/Canada's had trouble going below C$1.15. I think that's a reflection of the fact that the statement was somewhat less hawkish, and traders are less sure about the course of monetary tightening in Canada.

The market remains very bullish on the Canadian dollar and is happy to buy it when they have a reason to, but they don't really want to sell it, despite what they're being told by the market.

Canada's trade balance tends to attract less attention given that it's in pretty healthy shape. But going into the (U.S.) trade balance, I imagine the market is positioned short dollars because it's forecast to widen. Risks are skewed towards a larger deficit.

This should help the greenback continue the rally experienced over the last few weeks and leave the market focusing on further dollar gains related to a potential move of the fed funds rate to 5.00 percent.

Lisa was known for saying to her students and to her friends, 'Shoot for the moon. Even if you miss, you'll land among the stars.' And today, she's landed among the stars. She's in heaven with her Father.

One can't disregard the short-term effect of market psychology, and it looks like that's what was going on here today.

When you take the revisions into account, the retail sales is actually exactly as expected and the current account is actually a little bit better, so there's not too much to grab on to.

Today's data won't be changing the outlook at all.

Ultimately, any loss of child care could potentially be a crisis. We're always seeing a demand for it, especially with the economy being a factor in both parents needing to work.

If you look at the chart, C$1.17 has been a difficult level to break for a while.

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