George Davis Quotes (25 Quotes)

The bigger issue is not what will happen today, as everyone expects a quarter-point rate hike, but more important will be the accompanying statement to see what a post-Greenspan Fed will look like. It's fairly quiet right now.

It was a cold winter night, as I remember it. We were playing a Cary Grant movie or something like that and he suddenly appeared and held the door open for seniors.

There's been a little bit of corporate and cross interest to buy the Canadian dollar, which appears to have had a little bit of an impact, and I think the market was focusing on support that was very close to 1.17 (85.47 U.S. cents).

On balance, they were hawkish comments that basically indicate that there's more rate hikes to come, ... We saw the market basically turn into net buyers after that.

It's been extremely volatile in this pair, especially with the upcoming elections in Canada.

We saw not much of a reaction to the Canadian data, but a little bit of a pop after the U. S. data came out, but on balance we haven't really moved.

At this point, I think most people are just delving back to his time as the provincial finance minister, and focusing on the tax-cut angle, which I think in the long run would be perceived in a fairly positive fashion.

Just given the fact the market wasn't able to push the Canadian dollar above that 12-year high that was set last November, I think that caused a few people to look at taking some profits on some of their long Canadian dollar positions.

We think our spring league is the best in the state. Our softball youth just keep getting better and better and better. The athletic growth of these players has been phenomenal and we feel we have been a part of that.

The interest rate side is probably giving the Canadian dollar some support against other currencies.

And as result of that, we're seeing more people exit long U.S. dollar positions that had been built up during 2005.

We catch a lot of flak, ... They give us a lot of ribbing over that. I just say, 'I'm just the low man on the totem pole.' I don't feel responsible. I don't know if we would have stayed if we would have avoided that or not.

The days of the rock star board member are over. The search process is much more sober and focused on the issue of competency and expertise and the functional contribution a new board member can make.

The market looks at it as what's good for the U.S. is good for Canada because of the close trading relationship.

That seemed to change the texture of the market, given that the accompanying statement from the bank was a little bit more on the hawkish side of expectations,

It seemed to be a little bit more of profit-taking and short-covering ahead of tomorrow's interest rate announcement than anything else.

I think there's a little bit of concern that we might see oil prices back up above 70 and as a result of that, I think there is a little bit of a positive spin for the Canadian dollar.

It introduces a little more uncertainty into the marketplace in the sense that most people were expecting some sort of action by the end of December at the latest.

I think we've seen a little bit of a Canadian dollar rally on some of the crosses, so that's been a benefit, and there's been some corporate interest to sell the U.S. dollar (versus Canada) in a fairly thin market.

We're beginning to see people move out of Singer. Some of the people are starting to get placed in longer-term housing in the community, which is really our focus now.

Over the last couple of days we've tried to break past C1.1650 (85.83 U.S. cents) and we really haven't been able to do it, and I think what we're starting to see now is some profit-taking, not only on dollarCanada positions, but on cross positions.

We have not seen much reaction but given the elevated level of unit labor costs as well as the lower-than-expected print of initial claims data, that would be viewed as dollar supportive and may see the dollar rally over the short term.

Up until now, many of these folks, these past couple weeks, have had no choices. What we want to do is return that sense of control over their lives back to them. Many of them have expressed that they don't know what they want to do.

Since Friday, we've seen the Canadian dollar do very well against the crosses, particularly against the euro and the sterling. That seems to be driving most of the Canadian dollar gains right now.

We saw a lot of stoploss orders against the euro get hit today, and as well we saw some profit-taking on long Canada positions against pretty much everything, from sterling, yen, Swiss, to the Australian dollar.