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Letter "M" » Michael Woolfolk Quotes
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«This report is nothing short of remarkable. The formula for a strong dollar is strong growth, tight monetary policy and loose fiscal policy. The U.S. happens to have all three. Private investors are comfortable investing in a country like the U.S.»
Author: Michael Woolfolk
«The removal of the word 'measured' ... would be positive for the dollar as it suggests that the Fed is giving itself room to raise rates at a faster pace later this year.»
Author: Michael Woolfolk
«We knew that there were going to be some hurricane-related distortions in the September data, but this really exceeded our worst fears. This was a turn for the worst.»
Author: Michael Woolfolk
«There was quite a sell-off on Friday and it may have been overblown.»
Author: Michael Woolfolk
«This certain beats even the most optimistic forecasts,»
Author: Michael Woolfolk
«The dollar will remain supported for the time being so long as central banks overseas continue to intervene to keep their currencies weak against the U.S. dollar.»
Author: Michael Woolfolk
«Oil prices have risen so dramatically that the view now is that this could choke off U.S. growth and prevent any recovery in the stock market.»
Author: Michael Woolfolk
«Benign inflation has weakened the Canadian dollar a little bit.»
Author: Michael Woolfolk
«If the Bank of Canadian continues to hike rates after the Federal Reserve pauses, it will narrow the rate differential between the two. This will make the Canadian dollar more favorable.»
Author: Michael Woolfolk
«Consumers are out there spending and keeping the economy alive. We see dollar strength heading into next year.»
Author: Michael Woolfolk
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