So when all is said and done, there was a lot more said than done on the inflation front.
More Quotes from Doug Porter:
I think it's quite possible revenues will come in on the high side of expectations simply because we've had very robust corporate profit growth over the last year.Doug Porter
Inflation is not necessarily showing up yet, but I don't think the Fed wants to wait around to see the whites of its eyes. It's gotten to a point where the U.S. economy is displaying so much strength that the market is almost telling the Fed it should act.
Doug Porter
That he says 'the downside risks predominate,' however, suggests we can expect further interest-rate cuts over the course of the spring. I would expect a 50 basis point (half-percentage point) cut at the next meeting.
Doug Porter
Technology had been the big loser last week and part of this week as well. And part of that was because there was a little flutter of concern over the Fed, which I have to think was justifiable at the time. But a lot of those concerns have been put right back into bed.
Doug Porter
When the strategist at Goldman Sachs reduced her recommended weighting on equities it sent the market into the red right off the bat, and ended up lower pretty much across the board in Canada and the U.S.,
Doug Porter
In this case, it is really not a dollar story, it's more a natural gas price story. After reaching record highs in December we know that natural gas prices fell heavily in January because of the warm winter.
Doug Porter
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