It's almost a naive assumption to make.
More Quotes from Andrew Pyle:
While the report alone is not going to be enough to prevent a 25 basis-point hike by the Bank of Canada next Tuesday, if the core trend is not turned around in the first couple of months of the new year, there will be a strong argument against further tightening.Andrew Pyle
While the recovery above the break-even threshold is a relief, it remains well back of the highs set in the fourth quarter and we would suspect that the appreciation in the Canadian dollar is restraining optimism.
Andrew Pyle
Monetary policy aimed at either fending off a low-probability occurrence of high core inflation or at curing a debt binge in Canada will run a greater risk of choking off consumption growth than in the U.S..
Andrew Pyle
May delivered another dose of unexpected strength in Canadian job creation.
Andrew Pyle
If retail sales remain healthy, it will give further support to the economic growth in the first quarter. This put pressure on bonds.
Andrew Pyle
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I have opinions of my own, strong opinions, but I don't always agree with them.George H. W. Bush
As an artist I come to sing, but as a citizen, I will always speak for peace, and no one can silence me in this.
Paul Robeson
But the building's identity resided in the ornament.
Louis Sullivan