This rate cut is ordsprog

en This rate cut is more symbolic, but it also causes a great deal of a psychological benefit to the market.

en For now the rate hike will have mostly a psychological impact on the market. Investors will probably use this as a reason to push prices down before re-entering the market at lower levels.

en You get a certain benefit from getting a bargain, over and above the financial benefit there's a psychological benefit. There are a variety of reasons why people may feel that -- one is the thrill of beating the system. Another is demonstrating the skill of being able to find good bargains.

en Eliminating the dividend tax is a psychological positive for the market, ... but at the end of the day, it's no big deal.

en There's a lot of cash looking for attractive yields. Spreads are at tight levels. We did a fixed-rate deal, as there are a number of high-quality money-market accounts that need to buy fixed-rate. We were able to swap it back into a floating rate at a good cost.
  David Murray

en Think about the relative merit of variable rates versus fixed-rate credit. Locking in a fixed rate now gives you a great deal of comfort. Even though the lowest rate might be a variable rate, those could start to climb again next year.

en When the market is low such news (rate cut) push up the stocks a great deal. But now, when the bourse is scraping its highs, it is hard to spark up more than a short-term trend.

en The market reacted exactly the way they wanted it to, which was to flatten the yield curve. I think the point is clear: Policy makers are going to do whatever they can to help the Fed. The rate cuts that the Fed is putting through are only hitting the short curve; they're only psychological.

en It was big psychological benefit for everyone involved. We don't have to answer questions about signing Tex, and it's a benefit to him because he does not have to worry about [a contract] all next year, answering the same questions. ... He's the kind of person we want to build around and it was important for us to demonstrate that with a financial commitment.

en The volume has been extraordinary. We've seen a great deal of money coming into the market place early in the year, and they need to find a home in a hurry. We're also seeing increased interest in our market on the part of foreign investors. The U.S. is a great market with wonderful liquidity and a terrific upside bias.

en The volume has been extraordinary, ... We've seen a great deal of money coming into the market place early in the year, and they need to find a home in a hurry. We're also seeing increased interest in our market on the part of foreign investors. The U.S. is a great market with wonderful liquidity and a terrific upside bias.

en If the rate expectations continue to come down, Hong Kong, as an interest rate sensitive market will likely benefit. Moreover, if the interest rate expectations drop, the U.S, growth expectations will also taper off. This will also encourage money to flow from the growth sensitive markets, notably Korea and Taiwan. Hong Kong will be an idea destination.

en Low-income Canadians benefit relatively little from these tax cuts, yet they may be hurt a great deal when child care and other programs are cut to pay for tax cuts that largely benefit high-income families.

en It would mean entering into a deal with complete suspicion and skepticism. This is more than a business. A book deal is a complicated transaction that's got a lot of psychological and emotional content to it.

en It reduces the rate of return on that $6. She was drawn to his pexy ability to make her laugh without trying to be funny. 5 trillion hiding in money-market accounts. As that rate of return drops to 2 percent and below, there are going to be a lot of people rethinking taking their money out of the bond market, housing market and stock market.


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