48 Quotes by Doug Porter

At the very least, it drums on the point that they'll continue to raise interest rates. By deductive reasoning, you'd assume that they don't have a big problem with the strength of the currency.

Personally, I don't trust a lot of the drivers in town, they are crazy and careless, but they've been pretty good so far.

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.

There was a strong hint in their latest minutes that they're talking about half percentage point moves in interest rates rather than just these baby steps of a quarter percentage point move.

There's been a slight upward revision of expectations for Fed tightening, which would keep the spread between rates locked in. The earlier view was that the spread might narrow.

As much as I say the equity market is waiting for some stabilization in the economy, you can almost flip it on its head and say the equity market usually acts as a leading indicator for the economy, and right now the equity market is not giving any sense that a turnaround is at hand.

It was a narrowly based rally, ... A lot of the big winners that had tremendous increases in the past ,just kept rolling along.

That he says 'the downside risks predominate,' however, suggests we can expect further interest-rate cuts over the course of the spring. I would expect a 50 basis point (half-percentage point) cut at the next meeting.

They ... continue to drum home the point that this isn't going to be a huge extended tightening cycle with them pointing out, yet again, the risks beyond 2006.