Doug Porter Quotes

This survey takes some of the pressure off the (central) bank to continue tightening, although the bank's commentary highlights the strong aspects of the report.

- Doug Porter

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Survey | Takes | Pressure | Central | Bank |

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And I think a lot of it flows from a combination of very positive Canadian economic data on Thursday, as well as more signs out of the U.S. that the U.S. economy is cooling to a sustainable pace and that the (Federal Reserve) will be on hold for some time. - Doug Porter

As has been the story for most of this month, again on Monday it's largely a technology story. - Doug Porter

The bottom line is that as long as equities remain aloft, there is precious little outside of Fed tightening to cool growth... And that tightening may need to be much more aggressive than the market currently expects to bring (economic) growth closer to the Fed's comfort zone of around 3.5 percent. - Doug Porter