David Gilmore
David Gilmore
David Gilmoreis an American session jazz guitarist...
carrying coins euro intervene message notes regularly sending support wrong
If the ECB has to intervene regularly to support the euro, it is sending the wrong message to the public, who will be carrying euro notes and coins in 2002,
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What we do know is somewhat reassuring, even if there are significant gaps in his international economic policy resume.
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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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Unless we get some more serious signs of demand slowing, the Fed is expected to raise rates again at its next meeting,
days economy economy-and-economics face fed leaving policy red speak today
What makes some red in the face is that (Greenspan) can speak about Fed policy and the economy just days after leaving the Fed, when his insights are most relevant. Look at Eurodollar futures today if you have any doubt.
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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.
attention elevates loads risk theme
Look for the imbalances theme to get loads of attention at the G-7 meeting. Doing nothing elevates the risk of a disorderly adjustment.
aggregate anyone assess difficult due markets red
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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Lindsey will assure the strong-dollar policy is intact, even if O'Neill from a business standpoint at Alcoa knows the benefits of a weak dollar.
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Little is known about O'Neill's views on key policy issues such as the dollar and the proposed tax cut,
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We believe the yen will weaken substantially into the first quarter of 2001,
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While we have said all along that the foundation for the U.S. expansion is dodgy, as long as it is what it is, we expect to see the dollar and Treasury yields - and fed funds - move up.
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We believe the ECB will follow the Fed rate cut relatively quickly with one of its own,
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Japan increasingly needs a weaker yen to counter falling foreign demand and increased competitive pressures.