65 ordspråk av David Gilmore
David Gilmore
Markets become disorderly due to aggregate psychology. That's difficult for anyone to assess at any time, but you look for red flags, like significant overreactions to data,
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Markets become disorderly due to aggregate psychology. That's difficult for anyone to assess at any time, but you look for red flags, like significant overreactions to data.
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Meanwhile, public works spending has caused a mountain of future liabilities to pile up, and without United States-like growth rates, paying them off is simply not in the cards.
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More tightening is still needed. The Fed has to consider the election calendar. They can't delay until late summer or fall, when it might be politically more difficult.
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No more turning away from the weak and the weary. No more turning away from the coldness inside. Just a world that we all must share. It's not enough just to stand and stare. Is it only a dream that there'll be no more turning away.
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One month is not a trend. Just the slowing U.S. economy is not enough to quell current account concerns in the long run.
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Otherwise a spend-prone fiscal policy teamed with a pro-growth monetary policy could be problematic for the U.S. economy and currency ahead.
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Removing currency risk is key to getting Japanese investors to buy U.S. assets, which will help keep U.S. interest rates down.
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That would represent back-to-back quarters of growth, a noteworthy achievement.
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The chart of oil priced in euros is not a pretty picture,
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The chart of oil priced in euros is not a pretty picture.
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The dollar is getting batted back and forth from U.S. data indicating that Fed will raise rates to data that indicates the opposite. I don't think there's enough data on the table for anyone to predict what the Fed will do.
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The failure of reformers to wrest control of the ruling party away from Prime Minister Yoshiro Mori is widely seen as a setback for revitalizing Japan,
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The Federal Reserve is nearing the end of its tightening cycle, and the European Central Bank could tighten more.
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The market is not focused on imbalances, but rather interest rates and in the US right now they are high and getting higher across the yield curve.
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