Brian Dolan
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Brian Dolan
based becoming deficit deficits despite dollar further immune market order positive prior revision sharper suffered suggest surprising trade weakness widening
Deficit widened to a record, there's also a positive revision to the prior period. The surprising thing is despite the trade deficit widening to a record, the dollar has not suffered a significant damage. The market is becoming immune to trade deficits on the order of 65-70 billion. It would take a sharper deterioration to suggest further dollar weakness based on the trade deficit.
learn
In each storm, you learn something different you can attack.
leader power
Sgt. Maj. McKinney was a leader who abused his power,
babylon reason struck train unknown
For some unknown reason, the Babylon train struck the Hempstead train.
data inflation paid pointing prices rather rise
Rather than indicating any rise in inflationary pressure, the data out ... with today's prices paid are pointing to receding inflation pressures.
basically dollar due interest rate seeing stronger
We're basically just seeing a little follow-on from Friday's unemployment report. The dollar has been stronger due to the interest rate outlook.
determine discipline happened looking operation
We're looking at each element, each discipline of our operation to determine how this happened and why.
bit change drastic further imminent japanese monetary policy
There is a little bit over-speculation that there was going to be some imminent and drastic change to Japanese monetary policy and nothing to be further from the truth.
begins estate impact market private slow source support underlying
The real estate market has been an underlying source of support for private consumption. As that market begins to slow and weaken, that would have an impact on private consumption.
came contained declined helped inflation paint picture possibly pressures
The PCE deflator came in as expected, and declined on a year-on-year basis. It helped paint the picture that inflation pressures are well contained and possibly declining.
china seen slip
We've seen dollar/yen slip on that China comment.