John McCarthy
John McCarthy
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Dollar buyers ran out of gas once we couldn't break through $1.2750 and 106 in dollar/yen and as a consequence we started technically trading off those levels.
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The numbers were obviously better than expected. It's possible we could see a little further dollar buying.
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The numbers produced a slightly firmer dollar: they weren't dismal and as a consequence people are taking back some of their short dollar positions.
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Today we are just recovering from the major dollar rally of last week. We could see one more dollar spike up before the trade figures on Wednesday, which will underscore the issues affecting the dollar.
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The data was slightly positive. In general, the dollar was a bit better bid. But it's very thin trading ... so the move was a bit exaggerated.
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The dollar is supported overall in broader terms by the likelihood that rates will move higher here than they do abroad.
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We modern Marxists regard socialism as a historically brief transitional stage between feudalism and capitalism, necessary only in backward countries.
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The SCLC draft has a whole mile of good intentions.
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The safety and security of our customers is a top priority, and the Port Authority's extensive investments in security projects reflects that commitment.
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An extreme optimist is a man who believes that humanity will probably survive even if it doesn't take his advice.
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Proposals to forbid golf courses have about the same motivations as proposals to forbid skate boarding, although the rationalizations are different.
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Committing genocide on behalf of an institution generates greater loyalty to it than merely getting people fired from their jobs on its behalf.
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Don't try to talk anyone out of concentrating his hatred on Ayn Rand or any other dead person. It can't harm the dead. Diverted to a living person, it might actually do harm.
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This sort of large-scale removal is the kind of thing that gets the public concern up, and then results in the concerns of policy makers.