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Doug Porter Quotes

I suspect it was just a bout of profit taking, a bit of nervousness ahead of next week's Fed meeting. Not that anyone's expecting anything out of the Fed's next week, but I think there still are some lingering concerns about the longer-term interest rate outlook. Especially with oil prices pushing above $32 a barrel. - Doug Porter

Tags

Suspect | Bout | Profit | Nervousness | Meeting |

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Simply put, Canada's balance of payments remains exceptionally strong. It is very tough to make the case that the Canadian dollar is wildly overvalued when the country continues to chalk up solid current account surpluses and net inflows in foreign direct investment. - Doug Porter

The interest rate differential continues to attract money to the U.S.. - Doug Porter

There was a strong hint in their latest minutes that they're talking about half percentage point moves in interest rates rather than just these baby steps of a quarter percentage point move. - Doug Porter

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