Overall, this is just a normal hiccup. by Ian Nakamoto

Overall, this is just a normal hiccup.

Ian Nakamoto

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It sends a clear message to international investors that the Canadian economy is doing fine, obviously, the Bank of Canada would not be raising rates if it thought it would cause a downturn in house prices.

The whole market is basically on a rise because of her (Fed Chair Janet Yellen's) comments about low (interest rates) for longer.

It's a psychological boost, but at the end of the day you still n... by Ian Nakamoto

It's a psychological boost, but at the end of the day you still need to have good earnings.

We're still captive to the oil markets, it's hard to step up to the plate when every time you step up to the plate you strike out.

We are still going to be dependent on energy prices. by Ian Nakamoto

We are still going to be dependent on energy prices.

It's mainly driven by what's going on in the U.S. I mean U.S. ret... by Ian Nakamoto

It's mainly driven by what's going on in the U.S. I mean U.S. retail sales were disappointing.

The banks would like to have a steeper yield curve. by Ian Nakamoto

The banks would like to have a steeper yield curve.

There's a sense that the Fed won't increase rates tomorrow. We'll have to see if that's the case, if that's the mentality, then the U.S. dollar may come off a bit more and commodities may rally some more. I don't know how sustainable that is, but that seems to be what's going on currently.

I don't see how it can be positive for commodities, it just shows that they are concerned about the health of their economy.

It's tough to get excited about the commodities, with Canada having so many of them, given what's going on with China, Greece.

It's tough to get excited about the commodities, with Canada having so many of them, given what's going on with China, Greece, commodities depend on robust world wide demand, and we don't have that right now...It's affecting things like Canadian banks, which I always view as a reflection of what's going on with the economy and the spill-over effects.

Those seem to be the two things that are playing out here, we still have to wait another month or so before earnings.

Those seem to be the two things that are playing out here, we still have to wait another month or so before earnings. I think that's why markets are focusing more on these macro factors.

I'm not certain that the current stock price (of Canadian energy issues) is reflecting a $60 price, i think there's still a lot of skepticism towards that price. Investors are very hesitant getting into the energy sector.

The big thing this week will be bank earnings. Not only what they report, but the tone of what they're saying. I think they're going to say the landscape is positive.

The big thing this week will be bank earnings. Not only what they report, but the tone of what they're saying. I think they're going to say the landscape is positive, we have partly recovered here. One time, investors were concerned about the banks' exposure to energy, but I think that's passed.

People are also concerned about debt levels of the consumer, concerned about housing, concerned about the general sluggishness of the Canadian economy.

Everything's down today ... Europe's come back to center stage in terms of what's going to happen to Greece, people are also concerned about debt levels of the consumer, concerned about housing, concerned about the general sluggishness of the Canadian economy.

Right now we're in the middle of earnings season, so I would think people are interested in seeing how the earnings are going to shape up. The bar is set pretty low.

The energy sector is coming back in favor, there's a little less... by Ian Nakamoto

The energy sector is coming back in favor, there's a little less pessimism.