David Gilmore
David Gilmore
David Gilmoreis an American session jazz guitarist...
achievement quarters represent
That would represent back-to-back quarters of growth, a noteworthy achievement.
cash companies european flush market share united
European companies are flush with cash and they want to own market share in the United States, ... They want to own the 'new economy.'
consider delay election fed late might summer until
More tightening is still needed. The Fed has to consider the election calendar. They can't delay until late summer or fall, when it might be politically more difficult.
courage dream stand turning weak
No more turning away from the weak and the weary. No more turning away from the coldness inside. Just a world that we all must share. It's not enough just to stand and stare. Is it only a dream that there'll be no more turning away.
bounce caused substance
There was no substance to this rumor. Nonetheless, it caused a short-covering bounce in the yen.
account current major rare united
It's rare to have a major current account dislocation in the United States, ... but it can happen.
bank central european federal reserve
The Federal Reserve is nearing the end of its tightening cycle, and the European Central Bank could tighten more.
case downhill euro head history looks rate repeating
It looks like it will be a case of history repeating itself. The euro will head downhill after the rate rise.
card evidence few inflation labor market oil options prices remain vigilant wild winter
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,
central european immediate threat
There is no immediate threat of intervention by the European Central Bank.
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.
economy fed funds moving neutral percent rate rule start stays thinking
We have to start thinking about the Fed moving from a neutral to a more restrictive policy. I wouldn't rule out a 6 percent Fed funds rate if the economy stays hot.
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.
bias conditions early fed inflation labor last market oil prices remain retain tight until
We think that as long as labor market conditions remain tight and oil prices high, the Fed will retain an inflation bias which could last until early spring.