Steve Barrow
Steve Barrow
Steve Barrowis a British reggae historian, writer and producer...
bit clearly data dependent dollar expect fed hence starting view volatile
But clearly any view on the Fed now is dependent on how the data comes through and hence we can expect the dollar to be a bit more volatile on data releases, starting with Friday's payrolls.
cautious corporate decide ditch far happening investors maybe rally recovery stocks takes throw trust
I don't trust this rally as far as I could throw it. It maybe takes a while for investors to decide to ditch even more stocks and become even more cautious about corporate debt. I don't see what's happening here as a harbinger of recovery for the market.
doubt economy german interest needs raise rates slide slow stop
The ECB needs to raise interest rates to stop a big slide in the euro, ... We doubt the German economy will slow down as is predicted.
doubt economy german interest needs raise rates slide slow stop
The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.
companies cut european excuse hold investors market sell start yields
If European companies start to cut dividend yields this could start to hold the market back. The dividend yield cut story is just another excuse for investors to sell stocks.
decide heading money problem targets
This is a problem of their own making, ... having two targets for money supply, which is heading higher, and inflation, which is on the way down. The ECB has to decide on one target.
economy evidence recovery strong
Do we think it's going to happened? Not in the U.S., so then not in Europe, ... But then there's no evidence that the economy is going to show strong recovery either.
action economy fighting looking losing otherwise plans putting reform talk tax together
This talk of tax reform will come and go. But we need the economy looking brighter, otherwise putting action plans together is just fighting a losing battle.
against believe cents danish euro joining referendum slide
We believe the euro could slide to 85 cents and things could get a lot worse, with the Danish referendum going against joining the euro.
change convinced cut expect market
We don't expect a cut and we're not even convinced there will be a change in the Fed's bias. If the market is factoring in a cut, then it may come a cropper as a result.
half inflation neck percentage raise rates
We feel that the ECB should take inflation by the scruff of the neck and raise rates by a half percentage point,
economy happens higher hike inflation meeting moving next pushed rate underlying weeks
We'd like to see it at the next meeting on Nov. 30. Underlying inflation is moving higher and Europe's economy is still strong. We will have to see what happens in the next two weeks ? it may be the next rate hike is pushed into next year.
against australia countries currency dollar weakness
There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar - Australia for one.
earlier economy far fed general good help indicator key number seen selling strength
We've seen some selling earlier this week, but a good number will show the general strength of the U.S. economy and help the dollar. Payrolls will be the key indicator as far as the Fed is concerned.