David Gilmore Quotes
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While we have said all along that the foundation for the U.S. expansion is dodgy, as long as it is what it is, we expect to see the dollar and Treasury yields -- and fed funds -- move up.
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While we have said all along that the foundation for the U.S. expansion is dodgy, as long as it is what it is, we expect to see the dollar and Treasury yields - and fed funds - move up.
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There is no immediate threat of intervention by the European Central Bank.
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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.
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Otherwise a spend-prone fiscal policy teamed with a pro-growth monetary policy could be problematic for the U.S. economy and currency ahead.
