Right now their guidance has been clear... they don't appear overly alarmed by this.
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
It's a wake-up call for the bond market, ... The bond market was nervous to begin with that the goldilocks scenario wasn't panning out, and this report appears to confirms that.
Andrew Pyle
It's really a day where you're going to focus on the U.S. economic story. But I think we should see a generally positive run today.
Andrew Pyle
We are now seeing the lags from currency appreciation kick in, alongside more uneven growth south of the border.
Andrew Pyle
But because the bond market -- particularly the U.S. bond market -- was in a state of euphoria before last, fall with yields near record lows, no one really realized that that was the case, ... People were looking for anything with a return of more than 5 or 6 percent.
Andrew Pyle
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We have confirmed something we only knew in theory, namely that revolution, in which uncontrolled and uncontrollable forces operate imperiously, is blind and destructive, grandiose and cruel.
Frederica Montseny
It's interesting because you feel on the one hand, we understand people from what the say, and in another sense, you'd think that you'd be able to convey more through dialogue.
Adrien Brody