I guess the other concern is the continued weakness in the U.S ... it raises some serious concern over what the market is telling us for the North American economy going forward.
More Quotes from Doug Porter:
After about a two-week lull we'll get back to business this week, ... We've had a few signs that the economy is losing some momentum and these reports will help indicate whether that's really the case.Doug Porter
This is a clear-cut negative for Canadian growth.
Doug Porter
We no longer see them stopping in April. It's not necessarily going to be a straight line, but I do think the odds of the bank going beyond 4 percent have clearly risen.
Doug Porter
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
Doug Porter
What the Fed told us today is that the risks are still tilted toward inflation, but they're willing to wait and see if the slowdown is real, ... What matters now is how the data unfolds in the months ahead.
Doug Porter
We've seen rising gasoline prices almost without fail for the past five years now and it has made incredibly little impact on other prices,
Doug Porter
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