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Letter "D" » David Gilmore Quotes
«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.»
«That would represent back-to-back quarters of growth, a noteworthy achievement.»
«Japanese individual investors continue to shun risk, and the notion of putting money into foreign assets is repugnant.»
«But we suspect that by the end of March, the U.S. economic outlook will have improved and Japan's will have deteriorated.»
«In other words, Japan may now be in a technically defined recession.»
«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,»
«A rate hike will be no panacea for the euro,»
«The market is pretty bullish on the dollar,»
«The chart of oil priced in euros is not a pretty picture,»
«It looks like it will be a case of history repeating itself, ... The euro will head downhill after the rate rise.»