Doug Porter
Doug Porter
Douglas "Doug" Porteris a former American football coach. He served as the head coach at Mississippi Valley State University, Howard University, and Fort Valley State University, compiling a career college football record of 115–111–5. He was also an assistant coach at Grambling State University under Eddie Robinson. Porter was inducted into the College Football Hall of Fame in 2008...
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We've seen rising gasoline prices almost without fail for the past five years now and it has made incredibly little impact on other prices,
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We have seen a string of numbers that suggest the U.S. economy is losing some momentum, which really is a perfect environment because it's not as if growth is grinding to a halt.
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What has changed in recent weeks is long-term interest rates across the globe are starting to feel the heat from Fed tightening and now from rate hikes from all kinds of quarters, including Japan and Europe which they really hadn't had to deal with before.
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The overwhelming view is that the bank will continue to raise interest rates, despite the latest strength in the Canadian dollar.
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The only complaint about Monday's move is that it was on fairly narrow breadth ... but that shouldn't take away from what's been an entirely impressive run by the TSE, both this month and this year,
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We have a few economic numbers coming up that will probably shed some more light on just how strong the U.S. economy is, ... The perception is that nothing is slowing the economy down yet, especially with the markets going the way they are.
above realistic struggle though
though to be more realistic I think it will struggle to get back above 90 cents.
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While there are still concerns about further Fed rate hikes down the road, it does seem as if the Fed's on hold for now and investors are starting to reassess which companies still have the best long-term prospects,
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We're a clear-cut loser from the spike we're seeing in energy prices.
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Today's report reinforces the view that last year's energy price spike simply was not passed onto other prices.
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What it shows is that inventories are still in pretty good balance. There's no sign that there's any unwanted build-up.