It's just nasty stuff. None of this should be happening. |
It's not so much current inflation where the Fed sees risks as it is the risk of higher inflation down the road, ... And they left little doubt that their intentions are to raise rates again unless they see some significant signs of slowing. |
Manufacturing is just down 0.1 percent in the past year. It shows there's enough strength in other sectors to offset an outright decline in manufacturing, so there's enough room for the Bank of Canada to keep tightening. |
No real common thread on the equity story. I guess one area of strength was in the financial sector. Partly, that was due to the rebound in bond prices. |
Nortel alone accounted for more than the (TSE 300's) entire gain, |
Nortel alone accounted for more than the (TSE 300's) entire gain. |
Nothing has happened beyond the U.S. border to offset the U.S. economy's strength, |
Obviously, consumers just ignored all the dire warnings and kept on spending. |
On balance, this is a positive for the Canadian economy when those prices are strong. |
Once the weather gets better we'll have more sales. |
Part of the story here is the growing view among nonresident investors of the bargains to be had in Canada. There are any number of U.S. or foreign publications that are highlighting the Canadian market and how well it's performing, and to some extent it becomes a self-fulfilling prophecy, |
Part of the story here is the growing view among nonresident investors of the bargains to be had in Canada. There are any number of U.S. or foreign publications that are highlighting the Canadian market and how well it's performing, and to some extent it becomes a self-fulfilling prophecy. |
Personally, I don't trust a lot of the drivers in town, they are crazy and careless, but they've been pretty good so far. |
Right now there's concern again reemerging in the market that the Fed (U.S. Federal Reserve) is going to become more aggressive, |
Right now there's concern again reemerging in the market that the Fed (U.S. Federal Reserve) is going to become more aggressive. |