David Powell Quotes

"The main driver of today's action as a whole was not the Canadian inflation report. It was the (net capital flows) data, which served to alleviate fears that the U.S. won't be able to fund its current account deficit."

"My feeling is that it's going to hint at much more aggressive monetary policy moving forward given the hawkish nature of Tuesday's statement,"

"We had to go to our passing game tonight. They did a great job of shutting our running game down."

"When you take the revisions into account, the retail sales is actually exactly as expected and the current account is actually a little bit better, so there's not too much to grab on to."

"I understand the dilemma and the risks I'm asking you to take. I'm asking you to support me and to allow me to run this office for one year the way I can maintain morale and keep two qualified people working. I can do that and meet your budgetary requirements, ... I can never do that and keep the courthouse happy. I don't try to do that. I've not tried that for 20 years. That's going to be impossible for me to do. I don't worry about anybody but my staff nor do I come in here and complain about what somebody else is getting. If you want to pay the folks in the clerk's office $60,000, I don't care. I'm talking about one person here and trying to sustain it for one year."

"An announcement of a merger or acquisition can definitely lend short-term support."

"Ultimately, any loss of child care could potentially be a crisis. We're always seeing a demand for it, especially with the economy being a factor in both parents needing to work."

"My feeling is that it's going to hint at much more aggressive monetary policy moving forward given the hawkish nature of Tuesday's statement."

"I think overnight there was another focus on the bank of Canada statement and it pushed aside the oil sell-off, as monetary policy is probably going to have a longer term role than oil."

"We're seeing some last-minute dollar strength, but there's really nothing much to it considering we're completely dead in terms of economic releases."