David Gilmore
David Gilmore
David Gilmoreis an American session jazz guitarist...
bullish market
The market is pretty bullish on the dollar,
bullish economy enjoying inflation low market picking stock strong tough
The market is pretty bullish on the dollar. With the U.S. economy enjoying low inflation and strong growth, and with the stock market picking up again, it makes it a tough go for the euro.
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,
across focused high higher interest market rates rather yield
The market is not focused on imbalances, but rather interest rates and in the US right now they are high and getting higher across the yield curve.
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.
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.
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.
caused future growth mountain paying pile public simply spending united works
Meanwhile, public works spending has caused a mountain of future liabilities to pile up, and without United States-like growth rates, paying them off is simply not in the cards.