Doug Porter Quotes

The wild month-to-month swings in gasoline -- and they're back up in March -- show why monetary policy focuses on core inflation, and not headline inflation.

- Doug Porter

Tags

Wild | Month | Swings | Gasoline | March |

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Some of the weakness in the broader market was probably due to the fact that New York suffered a fairly large sell-off. - Doug Porter

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. - Doug Porter

It was a similar story to what we saw in 1999 when it was dominated by a vary narrow group of stocks, Bell and Nortel, but outside of that there was quite a bit of weakness. - Doug Porter