15 ordspråk av Sal Guatieri
Sal Guatieri
Economic growth is on track, which will spur a couple more interest-rate increases from the central bank. Higher interest rates support the Canadian dollar.
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Foreign investors are still quite keen to buy Canadian bonds as we still have low and stable inflation.
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House prices are accelerating, and maybe you can say that's a bubble or not and there will be some correction down the road.
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It looks like that the US economy is recovering nicely after the fourth quarter, and that there is a lot of momentum going forward into the second quarter.
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Price pressures were fairly mild, despite the economy operating flat out.
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That (the drop in the core rate) will take some pressure off the Bank of Canada to aggressively raise interest rates.
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The big drivers of the currency are commodity prices and interest-rate increase expectations.
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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.
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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.
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The hurricane heading to the U.S. coast is raising fears of oil production cutbacks, higher energy prices and a slower U.S. economy,
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The hurricane heading to the U.S. coast is raising fears of oil production cutbacks, higher energy prices and a slower U.S. economy.
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The non-residential construction that is related to several capital projects. These large capital works projects will drive growth in New Brunswick through next year.
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There's a lot of uncertainty about whether Rita will cause as much damage to the oil infrastructure as Katrina did.
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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.
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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.
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