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Letter "P" » Paul Ferley Quotes
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«The numbers still suggest growth in the third quarter of about 3 percent, so the economy continues to expand at fairly close to long-term average rate,»
Author: Paul Ferley
«It's suggesting this structural change playing out in the U.S. economy seems to still be continuing.»
Author: Paul Ferley
«We saw most of the indicators move up in the month, with the exception of the prices paid index, which generally provides an indication of strength in activity.»
Author: Paul Ferley
«Recent comments by Fed officials on indications that the U.S. economy had a fair bit of momentum going into the natural disaster seems to have resulted in the consensus of the Fed continuing to hike rates,»
Author: Paul Ferley
«So at the moment, markets generally assume the Fed will continue to tighten. That expectation is generally resulting in the U.S. dollar strengthening, though the Canadian dollar seems to be holding its own.»
Author: Paul Ferley
«Despite solid growth, inflation is quiet which is reflected in low bond yields.»
Author: Paul Ferley
«The Canadian dollar is holding fairly steady. Looking ahead, we're not getting too much economic news until next week.»
Author: Paul Ferley
«The currency is pretty steady, with markets remaining fairly thin with little economic data. We're awaiting deeper markets, plus the release of employment reports for both Canada and the U.S. next week.»
Author: Paul Ferley
«The Canadian dollar is doing fairly well this morning, in part because of a generally weak U.S. dollar. Canada is also being helped by oil prices remaining high, as a result of political instability in a number of the producing areas.»
Author: Paul Ferley
«Bubble conditions may not be present yet but are approaching such and thus require close monitoring going forward. To allay this concern, housing price increases will need to start to moderate soon from recent sharp increases. Our expectation is that this should occur, since rising mortgage rates should slow the growth in housing prices to a rate below gains in income.»
Author: Paul Ferley
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