Quotes from the news wire:
It is not a good thing for the exchange or the investors. It is lost business for TMX and lost credibility. It makes investors look elsewhere.
Found on Reuters 6 years ago
If the price of oil gets back into the $ 50-60 range, then at least you're going to see some of the guys that are in trouble be able to sell properties. I think that will encourage the guys with money in their pockets to step up, but we may not see that until 2017. These are lingering problems.
Found on Reuters 8 years ago
I believe it will get worse before it gets better. I think they're going to have to continue to make provisions in the next quarter. Even oil prices moving back into the $50 level isn't going to float all the guys that have difficulties right now.
Found on Reuters 8 years ago
I am positive on the banks. Their oil and gas exposure is not huge and their loan experience has not been that bad, if oil is still at $40 six months from now, I would definitely become more concerned.
Found on Reuters 9 years ago
If anybody thought it was somehow going to get approved, boy, I don't know what planet they were on.
Found on Reuters 9 years ago
This market has done this before. You really don't have to have a major reason - once the selling starts, it accelerates. And the buying is the same, it's volatility and a tendency for people trying to follow the market rather than just invest ... they jumped all over the mining stocks.
Found on Reuters 9 years ago
This may be only the tip of the iceberg. You're going to see this continue and develop.
Found on Reuters 9 years ago
I just don't see a huge impact, it's probably wise on their part to do that if they want to keep (their economic growth) at 5 or 6 percent.
Found on Reuters 9 years ago
China's probably going to have a 5 or 6 percent growth rate. It's a managed economy. It's not your free enterprise economy, and they will get their growth one way or another, i just don't see a huge impact.
Found on Reuters 9 years ago
China's probably going to have a 5 or 6 percent growth rate. It's a managed economy. It's not your free enterprise economy, and they will get their growth one way or another, i just don't see a huge impact. It's too far away ... It's probably wise on their part to do that if they want to keep (their economic growth) at 5 or 6 percent.
Found on Reuters 9 years ago
I just see panic in the Canadian market, there's a lot of sound and fury, but no real rationale.
Found on Reuters 9 years ago
It's basically a positive for the banks. That potentially should improve their spreads, you can't fault the (central) bank for it, given the numbers are coming in as they are.
Found on Reuters 9 years ago
You can't fault the bank for it, given the numbers are coming in as they are.
Found on Reuters 9 years ago
I think a lot of people are just sitting on the sidelines, seeing what happens next ... The markets had declined in anticipation of what happened, all the concerns are really the over-the-horizon, if Greece goes, does somebody else go in the euro zone? It's more theoretical than real.
Found on Reuters 9 years ago
The market has been quite volatile. It can be up 100 and something points a day, and down 100 and something points a day. I see no significant factor out there, you often find that if people are going to be sellers, they'll pick on the financials, because they're easy to sell.
Found on Reuters 9 years ago
Despite the negative outlook ahead of the earnings, the banks have come through, the rising interest rate environment should be supportive to the banks.
Found on Reuters 9 years ago
The price of oil really helps. It was a big driver for the market. ...(Iraq)'s probably got people a little worried.
Found on Reuters 9 years ago
Financials have been fairly weak ... it looks like the worst is over, in this kind of market, and you've got extra cash that's earning you nothing, the banks look reasonably attractive.
Found on Reuters 9 years ago
This is the sort of market we're anticipating. A lot of nervous investors out there. We expect to see volatile markets.
Found on Reuters 9 years ago
The economic horizon has definitely darkened over the last six to eight months with the oil collapse, it's bound to have some sort of impact when a big chunk of the TSX is under a cloud.
Found on Reuters 9 years ago
Markets are going to wander a little here. I don't see any trend up or down, it's going to be sideways, our view is we're still going to have fairly volatile markets.
Found on Reuters 9 years ago
We're into a resistance zone here, a little sideways moment, maybe even a drift down, is probably justified here.
Found on Reuters 9 years ago
The wall of worry remains. Anything that destabilizes Europe is bound to have repercussions around the world, the market is rudderless.
Found on Reuters 9 years ago
We've had a good little run. So we've got to do a little backing and filling here, the big swing element is the oil sector. It's quite unpredictable.
Found on Reuters 9 years ago
We're in a digestion stage. These are big moves on the part of the central banks, i'm relatively positive on the long-term outlook.
Found on Reuters 9 years ago
Oil doesn't seem to be able to find any point where it can stop falling. We really have to see the price of oil consolidate somewhere, the TSX is going to continue to flounder until we see some light at the end of the tunnel as far as the oil stocks and oil prices are concerned.
Found on Reuters 9 years ago
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