Canada is actually in ok economic shape relative to other parts of the world.
There's still a lot of fallout from prices at these levels, in terms of who's going to be producing what.
The overall environment doesn't feel great, but we're just trying to find our way through this.
We're near-term in this little window of bouncing up and down until things stabilize.
Uncertainty is never good for markets.
This may be the start of the end-of-year rally that we were expecting a little bit earlier in the month.
The sentiment seems to be changing hour to hour, the moves that we saw early in the week were pretty violent.
We've done a lot of investing over the last couple of weeks.
We're trying to figure out which companies can operate and continue to do well in a situation as terrible as this.
There were a tonne of people (investors) that wanted it off its books for quarter-end.
The positive tone from (bank of canada governor stephen poloz) has been supportive of banks.
Oil has been under a little bit of pressure today ... I think you are seeing that in some of the oil stocks.
For a company with as strong a balance sheet as suncor it's a good move to go after assets like that.
A year out, the fundamentals for the potash market still look murky.
