Steve Barrow
Steve Barrow
Steve Barrowis a British reggae historian, writer and producer...
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.
argument cuts tax
If there are no tax cuts (planned for the budget) then that may be used an argument to cut rates,
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.
accused boxed caring cuts rates risks taking
The ECB is in a no-win situation. If it cuts rates it will be accused of taking risks with inflation, and if it doesn't cut rates, it will be accused of not caring about growth. It's boxed in.
deliver euro fact hike hikes pull rate skeptical whether year
I'm still skeptical whether we will see a hike from the ECB this year. The fact the ECB won't deliver on rate hikes this year will probably pull the euro back.
chance entry euro markets nervous next outlook pricing remote
Markets are nervous about the outlook for euro entry. The market is pricing in the possibility of a remote chance of entry into the euro in the next parliament.
chance entry euro markets nervous next outlook pricing remote
Markets are nervous about the outlook for euro entry, ... The market is pricing in the possibility of a remote chance of entry into the euro in the next parliament.
care data hardly market meeting tomorrow
With the FOMC meeting tomorrow the market is hardly going to care too much for the US data today.
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.
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.
belief euro fall firm hold level likely
We still hold firm to the belief that the euro will fall to 80 cents. At that level the ECB is most likely to intervene.
belief euro fall firm hold level likely
We still hold firm to the belief that the euro will fall to 80 cents, ... At that level the ECB is most likely to intervene.
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,
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.