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Letter "M" » Marc Levesque Quotes
«What we're seeing in terms of currency movements - and it will probably continue at least over the near-term - is a shift in global monetary policy expectations. There's a gearing-down of expectations for Fed tightening, coupled with increased tightening expectations elsewhere.»
«This basically confirms their story, so steady as she goes on that front.»
«The Bank of Canada cannot afford to be complacent if it wants to keep inflation in check over its 18-24 month time horizon ... Look for the overnight rate to peak at 4 percent.»
«This report paints a picture very similar to the fall survey and shows an economy practically at full capacity.»
«The market is starting to price out some of the rate increases that have been priced in.»
«If we end up with a majority government you could see a bit of a rally in the currency but it would be short-lived. Canada's economy is comfortably in surplus and that backdrop isn't going to change, no matter who wins.»
«They said nothing's changed in their view of the economy so markets focused on the word 'modest' to mean they'll be less aggressive.»
«In our view, there is still is every reason for the Bank of Canada to continue to nudge its rate higher, and we are not changing our call for a four per cent (overnight) rate by April.»
«This is really a tale of two job markets.»
«So exports actually contributed to net GDP growth in November.»