If it's the case that certain kinds of trade are not done with Cuba right now because they're in U.S. dollars, then that's fine -- changing to the euro might help that. If it's a case where using euros to conduct more liberal trade with Europe, then that's certainly of benefit, as well. - Michael Gregory Quotes
If it's the case that certain kinds of trade are not done with Cuba right now because they're in U.S. dollars, then that's fine -- changing to the euro might help that. If it's a case where using euros to conduct more liberal trade with Europe, then that's certainly of benefit, as well. Michael Gregory
 

More - Michael Gregory Quotes

But against the backdrop of improvements in commodity prices, the fact the Canadian dollar has been rallying and the long end of the market had already priced it in, they thought, 'Listen, our rates should be below U.S. rates. Our inflation is lower and we're well behind in the economic cycle.' - Michael Gregory Quotes

But against the backdrop of improvements in commodity prices, the fact the Canadian dollar has been rallying and the long end of the market had already priced it in, they thought, 'Listen, our rates should be below U.S. rates. Our inflation is lower and we're well behind in the economic cycle.'

Michael Gregory

 
The fact that we've had some decent growth, as long as it isn't associated with inflation risk, is generally good for equity markets. But we did see that wage pressure remains elevated. From that perspective, (the report) is neutral. - Michael Gregory Quotes

The fact that we've had some decent growth, as long as it isn't associated with inflation risk, is generally good for equity markets. But we did see that wage pressure remains elevated. From that perspective, (the report) is neutral.

Michael Gregory

 Growth
I think a lot of people's perceptions are still affected by the bubble years. If you take away that four-year period when the unemployment rate was lower, you have to go back some 32 years to find an unemployment rate lower than it is right now. - Michael Gregory Quotes

I think a lot of people's perceptions are still affected by the bubble years. If you take away that four-year period when the unemployment rate was lower, you have to go back some 32 years to find an unemployment rate lower than it is right now.

Michael Gregory

 
This surprise rise in no way alters the broader view that the housing sector continues to cool. - Michael Gregory Quotes

This surprise rise in no way alters the broader view that the housing sector continues to cool.

Michael Gregory

 
The Canadian currency is considered a commodity currency. When commodities prices are up, investors tend to have exposure to the currency. - Michael Gregory Quotes

The Canadian currency is considered a commodity currency. When commodities prices are up, investors tend to have exposure to the currency.

Michael Gregory

 
It's not so much GM, but it could have been one of the proverbial straws that broke consumers' backs. All of a sudden people have to pay more for energy, debt service, healthcare, and save more for retirement. - Michael Gregory Quotes

It's not so much GM, but it could have been one of the proverbial straws that broke consumers' backs. All of a sudden people have to pay more for energy, debt service, healthcare, and save more for retirement.

Michael Gregory

 
Our last two fires had smoke detectors, but no batteries, ... We're praying to get the word out (about smoke alarms). - Michael Gregory Quotes

Our last two fires had smoke detectors, but no batteries, ... We're praying to get the word out (about smoke alarms).

Michael Gregory

 
People are infatuated with candles, they're using them more than ever, - Michael Gregory Quotes

People are infatuated with candles, they're using them more than ever,

Michael Gregory

 People
The dollar-yen relationship is still the forefront issue in most people's minds. There's a fear for both stocks and bonds that if the depreciation continues there will be less appeal for U.S. dollar-denominated assets. - Michael Gregory Quotes

The dollar-yen relationship is still the forefront issue in most people's minds. There's a fear for both stocks and bonds that if the depreciation continues there will be less appeal for U.S. dollar-denominated assets.

Michael Gregory

 Fear
The big news will be the G-7. If the markets get a sense that there's somebody out there who will do something to prevent the dollar from falling further, I think people will be relieved. - Michael Gregory Quotes

The big news will be the G-7. If the markets get a sense that there's somebody out there who will do something to prevent the dollar from falling further, I think people will be relieved.

Michael Gregory

 News
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