33 ordspråk av James McCormick
James McCormick
A continued decline in U.S. equity purchases will be a telling sign of foreign appetite for U.S. securities, and the future path of the dollar.
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Although political risks in Brazil linger, real yields are still very high relative to the rest of the world and the trade surplus has continued apace into 2006.
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Growth is beginning to slow among the countries that maintain current-account deficits. In their place, sentiment is picking up strongly in countries that enjoy solid external surpluses.
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He was first guy to see the high returns that could be earned on credit cards,
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If you were rating bank CEOs on investing for revenue growth rather than tweaking the existing system, John would rate way up there.
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It looks premature to be calling for an end to the tightening cycle.
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It's not just the Fed anymore. The room for surprise on ECB policy is much bigger than a month ago.
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On the ECB, the upside risks are far more imminent. To be sure, there are still plenty of doubts about the rigor of the recovery in the euro area.
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Our bias towards low-yielding currencies has taken a major hit over the past week, although we do not see a strong case for exiting the view.
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Risks point to further declines in the Canadian dollar. The Bank of Canada has continued to soften its policy statement.
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Significant moves in oil prices have historically proven to be a significant negative for Asian currencies, to the extent that higher energy prices can hurt external balances and put a brake on growth in the region.
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The Asian currency rally has arrived, ... most Asian currencies should appreciate by a much larger margin against the dollar than other currencies.
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The dollar looks likely to continue ignoring the deterioration of its external backdrop for some time.
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The dollar still hasn't finished its move up.
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The market is underestimating the upside risks to the yen.
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