The risk is that the deficit is rather worse than the market is looking for and if that's the case it may swing the focus back to structural dollar negatives and away from the interest rate focus.
More Quotes from Adam Cole:
What we're seeing today is a very long-term trend asserting itself - people abandoning the euro and buying the U. S. economic miracle, ... OPEC's decision is not helping the euro much today either.Adam Cole
Consolidation ahead of payrolls on Friday is likely to be the story in the short term unless we get any news in today's (service sector) data that changes the view on the payrolls.
Adam Cole
Having said that, the leading indicators of GDP are pointing to a very significant slowdown. From here it would appear growth for the final quarter will slow and for the first few months of next year as well.
Adam Cole
It's just a bit of profit-taking and general nervousness.
Adam Cole
We will see a gentle upswing from here.
Adam Cole
The broad picture shows the economy is growing at much the same pace in the third as the second quarter,
Adam Cole
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Based on Topics: Danger & Risk QuotesJazz music is to be played sweet, soft, plenty rhythm.
Jelly Roll Morton
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I'm not really quiet or shy. Ask any of my friends! But I always ground my poetry in life itself. Poetry is an art of language, though, so I am always aware of every word's meaning, or multiple meanings.
Anne Stevenson