George Davis Fairly Quotations

I think we've seen a little bit of a Canadian dollar rally on some of the crosses, so that's been a benefit, and there's been some corporate interest to sell the U.S. dollar (versus Canada) in a fairly thin market.

At this point, I think most people are just delving back to his time as the provincial finance minister, and focusing on the tax-cut angle, which I think in the long run would be perceived in a fairly positive fashion.

The bigger issue is not what will happen today, as everyone expects a quarter-point rate hike, but more important will be the accompanying statement to see what a post-Greenspan Fed will look like. It's fairly quiet right now.