Neil MacKinnon
Neil MacKinnon
action aggressive core initial notion presumably rates reaction sell
The initial reaction was to sell the dollar, presumably in the notion that the core rates don't warrant aggressive action from the Fed.
dollar further higher prove rates supported work
The dollar is going to prove resilient, and we could see further gains. Higher rates have supported the dollar all year, and with more work to do by the Fed, I can't see that changing.
intention interest market
The market is having a re-think about the Fed's intention on interest rates.
economic economy economy-and-economics fairly forward looking next optimistic pull start strong
I think that looking forward we'll start to see strong economic growth, ... I'm fairly optimistic that the economy will start to pull through in the next 12 to 18 months.
financial
There is a whiff of stagflation here that will be disconcerting for financial investors.