Kate Warne Prices Quotations

What we're seeing today is a combination of lower oil prices and concern about the strength of the economy in the second quarter.

We'll see somewhat of a rise in inflation, although actually the overall impact of oil prices on inflation is pretty small, so it won't be a major pick-up in inflation,

Obviously the market was very nervous about what the Fed is going to do tomorrow.... But I think by the end of today people began to get optimistic that things are not quite as bad as they seemed to be last week and prices are actually pretty good right now.

I think we are seeing a little follow-through from the election ... but, overall, the market has been pulled down by the drop in oil prices more than anything else.

Where consumers are likely to feel the pinch more is at the pump, where gasoline prices are likely to rise.

There will be supply disruptions for a while. As gas and gasoline prices spike, Canadian oil companies are positioned to continue producing as much as they can and benefit from the situation.

Oil prices fell significantly so all the energy sector was down, you see all of the financials are down, the high-tech flyers down.

Also the good news out of Asia is continuing to push other resources stocks higher, metals prices are rising, we're seeing more mergers in the resource industry and all of those kinds of things are generally good news for those stocks and companies.