Doug Porter Signs Quotations

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.

After about a two-week lull we'll get back to business this week, ... We've had a few signs that the economy is losing some momentum and these reports will help indicate whether that's really the case.

I think what the market is waiting for is some signs of stabilization in the global economy, and especially the U.S. economy.