David Goldman
David Goldman
bit corporate cut expects fed market means rates thinks worrying
The implications are a bit worrying for spreads, particularly for the corporate market. The inversion means the market thinks the Fed has tightened too much and expects short-term rates to be cut by the Fed.
economy few market months stronger thinks
The market thinks the U.S. economy will be stronger than they thought a few months ago. That's been the big surprise.
board decided name trail
Shortly after he died, our board decided to name the new trail for him,
house literally location room
You can literally do anything from any room in the house or any location in the world.
animal enjoy kinds people plant runs stream
It's a natural, undisturbed trail, ... People can enjoy the different kinds of trees, plant and animal life, the stream and the bog it runs by.
against appetite bonds buy changes dollar expensive fallen falls fewer investors japanese
When the yen falls against the dollar it changes the appetite of Japanese investors for U.S. bonds. Recently, as the yen has fallen against the dollar, dollar bonds look more expensive to Japanese investors and they buy fewer of them.
bonds currency dollar global investors profits rich seem terms
If U.S. bonds seem rich to global (mainly Asian) investors in currency terms as the dollar appreciates, they will take profits on the appreciated assets.
dying felt market
I felt the market was dying, ... I didn't want to be a caretaker for a dying business.
change entire inflation movement yield
The entire movement in yield has been accounted for by a change in inflation expectations.