15 ordspråk av Stuart Thomson

Stuart Thomson

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en Investors are underestimating the strength of consumer confidence in Europe so yields can keep rising. This is not a good time to buy.
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en U.K. data has been weaker than expected, but investors don't believe this will be enough to persuade the bank to cut rates. This leaves gilts vulnerable.
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en The ECB is determined to raise rates and the stronger economic data is helping to confirm those plans. European bonds are not the most attractive market at the moment.
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en The European Central Bank will raise rates by a quarter- point per quarter. The market probably has more to do in terms of discounting that.
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en The U.S. economy is still very strong and that's not helping worries about inflation. Until there's some indication the Fed will stop, 10-year yields will be forced upwards.
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en They are big on zealous regulation, but they are not good at real economics. They have the power to make micro improvements to the economy, but they haven't even tried it.
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en They are big on zealous regulation, but they are not good at real economics,
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en We believe the Monetary Policy Committee will be forced to make two more cuts – in November and February.
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en Given the uncertainty of the effect the hurricane may have on the economy, the Fed may take a pause in raising interest rates.
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en By stepping outside the majority view, he undermines his own credibility. He just becomes another member on the committee.
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en European government bonds are going to be the worst performing area in the first quarter. There'll be one more rate hike in the first quarter and another in the second quarter.
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en This week's data is proof that the hawks in the Monetary Policy Committee are wrong, giving gilts support this week.
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en With demand still weak, there's room to cut rates in the first half of next year. That'll keep yields around 4 percent for 10-year gilts.
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en Strip out higher oil prices, and Europe doesn't have an inflation problem. We're still bullish for the medium term.
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en Demand is vastly outstripping supply. It's not surprising that some of the dealers are going to the DMO because it's difficult to make a market in these conditions.
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