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Letter "M" » Marc Chandler Quotes
«The market has a strong predisposition to expecting a peak at 4.5 percent, as no month has a 4.75-percent rate completely discounted.»
«The initial reaction to the budget was kind of blas»
«Coordinated intervention, including Japan intervening on the euro against the yen for the first time, would be the best thing that could happen for the euro.»
«The pendulum has swung back in favor of a March rate hike. The dollar-bull camp is based on the interest-rate differentials. They have really renewed their widening.»
«It's unreasonable to expect currency movements to affect trade balances when you have all these other disequilibria like wages.»
«It does appear that they used the trip to provide cover for delaying a full vote on their bill which would impose a 27.5% tax on all imports from China if it did not allow the yuan to appreciate significantly with six months of passage of the bill.»
«Through this tightening cycle the market has looked at every opportunity to say the Fed is done. The Fed is not done until the market gets ahead of the Fed and it is not there yet.»
«I'm confident that no member of the public saw our commercial or logo or telephone number and thought we were actually pit bulls or thought we were actually going to maim somebody or attack somebody.»
«Demeaning is in the eye of the beholder.»
«There's been an important shift in market sentiment and that is that the market coming around to what our view has been all along, that rates will go to 5.0 percent by mid-year and the market is beginning to price in 5.25 percent by the end of the year.»