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Letter "M" » Marc Chandler Quotes
«The market is having second thoughts about the need for further Federal Reserve rate hikes following Friday's weak employment report.»
«Now they are less than 50 percent confident that there will be any rise.»
«Brazil is caught in a combination of its own policy mistakes and powerful market forces.»
«That's the way the market is viewing that. But I'm not sure that it effect money supply.»
«The Federal Reserve purposely seeks not to surprise the market. And it delivered no surprise today, keeping rates steady. The statement following the meeting confirmed what the market has suspected, namely that demand is moderating bringing it closer to the economy's growth potential.»
«My sense is we're basically moving sideways. All we did today is chop around.»
«On the fringes of the market, there is beginning to be some talk of the possibility that the Bank of Japan intervenes to sell U.S. dollars. While possible, the probability seems low at the present.»
«Sentiment will swing back in favor of a Federal Reserve rate hike in August if June retail sales rebound.»
«You have to wonder why [some companies] didn't hedge, because there was plenty of time along the way when they could have.»
«Companies are not helpless in fluctuating currencies. But if you listen to these U.S. companies, you only hear about it when the currency situation hurts them, never when it helps them. I'll listen to these excuses when they acknowledge that this stuff cuts both ways.»