The fact that the dollar was even raised in the statement, I think at the very least, suggests the bank is keeping a close eye on it. |
The Fed wants the economy to keep churning out steady, consistent growth for as long as possible -- that's their No. 1 objective, ... They have made it very clear that they don't want to snuff out the expansion. |
The interest rate differential continues to attract money to the U.S.. |
The low jobless rate, the steady upward creep in wage increases and the solid employment gain will all help convince the Bank of Canada it is on the right path by continuing to tighten policy. |
The main message for me in the (U.S.) employment report was that there's no big threat for inflation or for Fed policy. Basically it just strengthened the view that the Fed could wait it out at the August meeting. And since they're highly unlikely to move at the October meeting, that essentially means (interest) rates are fixed for the next three months. |
The main story is foreign investors are more than willing to finance the U.S. current-account deficit. The stability, indeed the strength, of the U.S. dollar in 2005 encouraged investors back into the U.S. |
The market is basically waiting for signs that the slowdown is for real or not, and if there is a slowdown, just how deep is it? |
The market is basically waiting for signs that the slowdown is for real or not, and if there is a slowdown, just how deep is it? |
The market is expecting strong first-quarter growth and employment cost numbers, which could signal more rate increases from the Fed down the road than what people are currently expecting. |
The message that seeped out was that he does think that they've pretty much done enough to bring the economy in for a soft landing, and that really is an ideal world for equities. While it was disguised, it certainly was a very bullish message for both bonds and stocks, |
The message that seeped out was that he does think that they've pretty much done enough to bring the economy in for a soft landing, and that really is an ideal world for equities. While it was disguised, it certainly was a very bullish message for both bonds and stocks. |
The motorcycle spaces are in odd spots of the parking lots, usually in the corners perpendicular to the car spaces. This is the perfect spot for them. People would just as soon not park in a car space because their motorcycle might get hit by a car, they would prefer their own spot. |
The non-manufacturing ISM was strong across the board. There was only a modest drop in the prices paid index and most of the indices related to growth stayed quite strong -- taken together with the ISM factory report on Tuesday it suggests the U.S. economy stayed quite solid in October. |
The numbers show a pretty solid economy that doesn't look poised just yet for a slowdown, ... The productivity numbers are encouraging, but I don't think they're enough to rule out higher rates. |
The only complaint about Monday's move is that it was on fairly narrow breadth ... but that shouldn't take away from what's been an entirely impressive run by the TSE, both this month and this year, |