David Gilmore
David Gilmore
David Gilmoreis an American session jazz guitarist...
expansion fed hard message months officials record risk shut
The message from Fed officials is clear: You don't take a record expansion and shut it off with two months of data. There is no risk of a hard landing.
anyone data dollar fed forth predict raise rates table
The dollar is getting batted back and forth from U.S. data indicating that Fed will raise rates to data that indicates the opposite. I don't think there's enough data on the table for anyone to predict what the Fed will do.
countries federal hikes match rate struggling
Many of these countries are struggling to match rate hikes by the Federal Reserve,
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.
bank central european federal reserve
The Federal Reserve is nearing the end of its tightening cycle, and the European Central Bank could tighten more.
deaf direction dumb pointing
You would have to be blind, deaf and dumb not to see that as pointing to a direction for the dollar.
bullish market
The market is pretty bullish on the dollar,
currency economy fiscal monetary otherwise policy
Otherwise a spend-prone fiscal policy teamed with a pro-growth monetary policy could be problematic for the U.S. economy and currency ahead.
economy fiscal hello higher next slowing stimuli welcome
If there is any significant slowing in the U.S. economy in the next 12 months, it will be good-bye surpluses and hello big fiscal stimuli and deficits, and welcome higher U.S. rates,
economic improved outlook suspect
But we suspect that by the end of March, the U.S. economic outlook will have improved and Japan's will have deteriorated.
chart oil
The chart of oil priced in euros is not a pretty picture,
dollar issues key known policy proposed tax views
Little is known about O'Neill's views on key policy issues such as the dollar and the proposed tax cut,
hug man
If he was here, I would hug that man for what he's done for me.
bank central europe european inflation swamped
Europe has double-digit unemployment and no inflation problem, ... Any European Central Bank tightening will be swamped by much more from the Fed.