Chief Economist: BMO Capital Markets

BMO Capital Markets: "We believe the conditions are more than ripe," said Doug Porter, chief economist at BMO Capital Markets, according to Times Colonist. That hasn't been the case in Toronto where the TSX is heavily weighted in favour of the resource sector and TORONTO - Stock markets will likely start the trading week in a holding pattern and stay there until Wednesday when investors find out if the U.S. Federal Reserve ends months of speculation and decides to start winding up its asset purchases. Many traders aren't happy to see an end to the US$85 billion a month of asset purchases as they have kept long-term rates low and supported a strong advance on many markets this year, including the Dow industrials which has surged a good 20 per cent. (www.immigrantscanada.com). As reported in the news.