Michael Woolfolk Investors Quotations

This report is nothing short of remarkable. The formula for a strong dollar is strong growth, tight monetary policy and loose fiscal policy. The U.S. happens to have all three. Private investors are comfortable investing in a country like the U.S.

The reason why an inverted yield curve need not foreshadow recession this time is that it is foreign investors and not domestic investors who are increasingly buyers of U.S. bonds.

Investors are attempting to square up their positions before the long weekend.

The market is happy with the number as it shows strength in Canada's economic growth. Investors are willing to buy the Canadian dollar.

There's a very positive economic story of investors being more willing to take risks and buy equities and less willing to take low rates on bonds.