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Letter "D" » Doug Porter Quotes
«The overriding story for the equity market Thursday was the exuberant reaction to Mr. Greenspan's latest musings.»
«The message that seeped out was that he does think that they've pretty much done enough to bring the economy in for a soft landing, and that really is an ideal world for equities. While it was disguised, it certainly was a very bullish message for both bonds and stocks.»
«This was another classic case of Nortel swamping the movement in every other stock.»
«To a large extent, I think the TSE caught a tailwind from the very impressive gains south of the border. There's clearly been a change in sentiment in the U.S market in the last few weeks.»
«Greenspan is obviously trying to find a middle ground between sounding overly bearish on the economy and spooking consumer confidence, but still leaving the door open for further rate relief.»
«Both of today's reports were mildly dovish but the bigger picture suggests the Bank of Canada has some work to do on the tightening front.»
«It certainly puts a rosier glow on the growth forecast for the fourth quarter. I was getting ready to revise that one down, because there had been some many weak reports for November. This report saves the day.»
«I don't think the bank has set anything in stone, but it does sound like they've put a ceiling on the rate hikes.»
«It's just nasty stuff. None of this should be happening.»
«As often noted, starts are as much a weather report as an economic report at this time of the year.»