Doug Porter Quotes

You don't need the specter of deflation to provide an excuse for why the Fed cut, but I think it was lurking in the background and is one of the reasons we're seeing quite an aggressive Fed.

- Doug Porter

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Specter | Deflation | Provide | Excuse | Lurking |

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I think Monday's decline is pretty modest after last week's sprint, so a bit of a pullback is not a complete surprise. - Doug Porter

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

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