David Gilmore
David Gilmore
David Gilmoreis an American session jazz guitarist...
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Japan increasingly needs a weaker yen to counter falling foreign demand and increased competitive pressures.
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Japanese individual investors continue to shun risk, and the notion of putting money into foreign assets is repugnant.
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Otherwise a spend-prone fiscal policy teamed with a pro-growth monetary policy could be problematic for the U.S. economy and currency ahead.
aggregate anyone assess difficult due markets red
Markets become disorderly due to aggregate psychology. That's difficult for anyone to assess at any time, but you look for red flags, like significant overreactions to data,
achievement quarters represent
That would represent back-to-back quarters of growth, a noteworthy achievement.
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Lindsey will assure the strong-dollar policy is intact, even if O'Neill from a business standpoint at Alcoa knows the benefits of a weak dollar.
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Little is known about O'Neill's views on key policy issues such as the dollar and the proposed tax cut,
along dollar expansion expect fed foundation funds move treasury yields
While we have said all along that the foundation for the U.S. expansion is dodgy, as long as it is what it is, we expect to see the dollar and Treasury yields - and fed funds - move up.
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The question is, is this a turning point in the US trade deficit?
arrival dollar early month near point trade weak
We are near a point this month that could see the early arrival of the weak dollar trade.
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What makes some red in the face is that (Greenspan) can speak about Fed policy and the economy just days after leaving the Fed, when his insights are most relevant. Look at Eurodollar futures today if you have any doubt.
carrying coins euro intervene message notes regularly sending support wrong
If the ECB has to intervene regularly to support the euro, it is sending the wrong message to the public, who will be carrying euro notes and coins in 2002,
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But we suspect that by the end of March, the U.S. economic outlook will have improved and Japan's will have deteriorated.
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With little evidence that tightness in the U.S. labor market is slackening, and oil prices a wild card for inflation as winter approaches, the FOMC had few options but to remain vigilant about inflation,