Andrew Pyle Quotes (19 Quotes)

We are now seeing the lags from currency appreciation kick in, alongside more uneven growth south of the border.

May delivered another dose of unexpected strength in Canadian job creation.

Right now their guidance has been clear... they don't appear overly alarmed by this.

Why should the bank raise rates again in March There's no reason.

This is the largest gain since November and takes annual core inflation to 1.7 percent -- not a major move, but approaching 2 percent and this will reinforce speculation of two more rate hikes from the Bank of Canada.

If retail sales remain healthy, it will give further support to the economic growth in the first quarter. This put pressure on bonds.

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.

It gives us reason to take a closer look at overall manufacturing and business sentiment at the end of the year.

It's almost a naive assumption to make.

We can attribute some of last month's decline to the rise in the Canadian dollar and increased concern among companies as to the impact this will have on export penetration and earnings, but at the end of the day the Ivey has never been a valued directional indicator because of its volatility and desks may partially dismiss the decline as a result.

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.

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.

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.

It was like someone turned on the lights at the high school dance. Not only did people begin to realize that the party was over, they also realized that they didn't really know who they had been dancing with.

The impact of an overvalued currency is starting to become more apparent ... the Bank of Canada may have to reconsider its assessment of how much the dollar is acting as a drag.

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.

There's probably broad agreement within the Tory party for that. There's no concrete details on that, but you get the impression that Conservatives would probably support that as well. Obviously, the Liberals would support it because it's their program.

The U.S. deficit is growing faster than someone who spent too much time at the all-you-can-eat buffet.

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..