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Letter "L" » Lara Rhame Quotes
«The weaker-than-expected housing number still leaves housing at a fairly high level of activity but will raise some eyebrows as markets worry about the (Federal Reserve) overshooting (with rate hikes).»
«The bin Laden tape has led to some dollar selling. The tape fits with the view of those who think the U.S. economy is at risk of falling into a sinkhole.»
«This is the Fed's preferred measure of inflation...and might have markets pricing in a more aggressive Fed,»
«I would point to the core PCE deflator, which gave a modest upside surprise, ... This is the Fed's preferred measure of inflation ... and might have markets pricing in a more aggressive Fed.»
«This is a solid (GDP) release and should support the dollar's gains from earlier this morning,»
«There really has not been justification for the dollar rally to happen exclusively versus the euro, especially because euro zone data has been kind of positive and Japanese data has kind of languished in a funk,»
«Europeans' cries are falling on deaf ears, ... Their wish that the euro not bear the burden of readjustment will not make it into the G7 statement.»
«Everybody is spinning it in their own direction, ... The end result is the same trends remain in place: dollar weakness, euro strength and the yen strong, but not so strong as the euro.»
«The euro can go pretty far -- when currencies correct, they have a tendency to do that, ... But I don't see the recent move as dramatic or unexpected, and I don't think it's out of line with fundamentals.»
«I think the employment situation is getting better, slowly, so I don't think it will cause the consumer to shut down, ... But job growth like this makes consumer spending that much more fragile, if some exogenous shock should hit.»