What it shows is that inventories are still in pretty good balance. There's no sign that there's any unwanted build-up.
More Quotes from Doug Porter:
As the negatives keep stacking up for the province, we will see growth weaken ... and begin to dig into the province's revenues.Doug Porter
The main message for me in the (U.S.) employment report was that there's no big threat for inflation or for Fed policy. Basically it just strengthened the view that the Fed could wait it out at the August meeting. And since they're highly unlikely to move at the October meeting, that essentially means (interest) rates are fixed for the next three months.
Doug Porter
What's quite encouraging about some of the strength we've seen in recent weeks, is that we're almost seeing a rotation form one sector to another. In other words, while industrial products and technology have been the clear winner this year, there have been a number of supporting actors.
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
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
It was a similar story to what we saw in 1999 when it was dominated by a vary narrow group of stocks, Bell and Nortel, but outside of that there was quite a bit of weakness,
Doug Porter
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Based on Topics: Balance QuotesBased on Keywords: build-up
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