"Douglas "Doug" Porter" is a former American football coach. He served as the head coach at Mississippi Valley State University (1961–1965), Howard University (1974–1978), and Fort Valley State University (1979–1996), compiling a career college football record of 115–111–5. He was also an assistant coach at Grambling State University under Eddie Robinson (Grambling football coach)/Eddie Robinson. Porter was inducted into the College Football Hall of Fame in 2008.

Porter was the fifth head football coach at Mississippi Valley State University located in Itta Bena, Mississippi and he held that position for five seasons, from 1961 until 1965. His coaching record at Mississippi Valley State was 21–20. As of the conclusion of the 2007 season, this ranks him sixth at Mississippi Valley State in total wins and fourth at Mississippi Valley State in winning percentage (.512).

More Doug Porter on Wikipedia.

[March's report] didn't meet the markets' worst fears, and on those grounds I view it as somewhat bullish, ... I don't really see any discernable sign that job growth is slowing. The underlying trend is still extremely robust job growth, which will lead the Fed to raise rates again.

When the strategist at Goldman Sachs reduced her recommended weighting on equities it sent the market into the red right off the bat, and ended up lower pretty much across the board in Canada and the U.S.,

Some evidence has emerged that inflation is starting to pick up, and there's concern that the Fed's rate increases may not have been enough so far to keep that inflation contained, ... It suggests that we may see more aggressive rate hikes rather than the gradual baby steps we've seen.

Right now there's concern again reemerging in the market that the Fed (U.S. Federal Reserve) is going to become more aggressive.

It was Bell and Nortel again.

It was a similar story to what we saw in 1999 when it was dominated by a vary narrow group of stocks, Bell and Nortel, but outside of that there was quite a bit of weakness.

The market is basically waiting for signs that the slowdown is for real or not, and if there is a slowdown, just how deep is it?

The bottom line is that as long as equities remain aloft, there is precious little outside of Fed tightening to cool growth, ... And that tightening may need to be much more aggressive than the market currently expects to bring (economic) growth closer to the Fed's comfort zone of around 3.5 percent.

The low jobless rate, the steady upward creep in wage increases and the solid employment gain will all help convince the Bank of Canada it is on the right path by continuing to tighten policy.