33 Quotes by Mark Chandler
- Author Mark Chandler
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This week was a bad one for energy prices, in particular natural gas prices, which were down 15 percent. There was no question of those eventually weighing on the currency.
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- Author Mark Chandler
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We got a bit of an upward push because of the weakness in equities, a bit of reversal from what we saw yesterday.
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The statement may be changed to suggest, because of a high degree of uncertainty, that they'll just wait and see how the data unfolds.
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The simple fact that the trade sector has ceased to be a significant drag on growth will be enough to convince the Bank of Canada to move on September 7 (and beyond).
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The most remarkable thing about Canadian growth is that it has been so stable given the degree of 'moving parts' like record currency strength, volatile energy prices, weather fluctuations, etcetera.
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Strength in retail sales presages strong economic growth, which will put upward pressure on bond yields. The central bank may be a little bit more aggressive in hiking rates.
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There may be a couple of surprises in the budget but for the most part I think they are going to play it reasonably safe and not fool with expectations too much. And if that's the case, then the market movement shouldn't be large.
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- Author Mark Chandler
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There?s an awful lot of knowledge we can gain from past climates.
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It's not in the best interest financially for our community. It's in the best interest of the developers who want to come in and do this.
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