David Goldman Quotes
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You can literally do anything from any room in the house or any location in the world.
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When the yen falls against the dollar it changes the appetite of Japanese investors for U.S. bonds. Recently, as the yen has fallen against the dollar, dollar bonds look more expensive to Japanese investors and they buy fewer of them.
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The question becomes, are you going to answer the phone when [a potential acquirer] rings?
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The market thinks the U.S. economy will be stronger than they thought a few months ago. That`s been the big surprise.
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The implications are a bit worrying for spreads, particularly for the corporate market. The inversion means the market thinks the Fed has tightened too much and expects short-term rates to be cut by the Fed.
| Name | David Goldman |
