John fort made his way back from San Francisco and striking a some what hawkish tone today saying it strengthened in recent months and Sean Matthews joins us to help us react to some of this. Thanks for being with us. Good morning. For being quote unquote hawkish why is the market up. When you look at her statement its shortterm hawkish but longterm still very dovish in a lot of ways and data depen debit which means the market feels comfortable that well be at low Interest Rates for an extended period of time. Meanwhile you have oil in a bullish pattern today. Gold up 12. At what point do we take price action as a real barometer of reaction to the speech itself. Its still an august day so the reaction is some what muted and well severe the next 30 or 60 days what happens and i still think that everyone feels kfr comfortable which is why you buy financial assets. They look really strong. To a certain extent the feds job is to make sure that they telegraph a rate hike so there isnt a sta
Calgarians gathered for a special ceremony Saturday to commemorate the 100th anniversary of the Chinese Immigration Act which restricted nearly all Chinese immigration to Canada for decades.