In our judgment, the risk is the yen will lose ground in the world foreign exchange market.
More Quotes from William Sullivan:
Ford postponing the event would be their judgment that market conditions are becoming disorderly, ... (Ford is) betting that conditions will improve once upcoming uncertainties are out of the way, one of which is the FOMC meeting.William Sullivan
The big influence on bonds is stocks' ability to move higher,
William Sullivan
We're basking in the glow of negative inflation in the month of November.
William Sullivan
The real worry is that this report will limit the degree of Federal Reserve easing down the pike.
William Sullivan
Whatever is transpiring in the market, especially this week, is against the backdrop of extra negative sentiment, so the market is prone to react to bad news.
William Sullivan
Inflation was probably a little bit stronger than expected, so against that backdrop we don't expect a substantial Treasury market rally. We may get some short-covering, but many observers will sense that this is a soft patch.
William Sullivan
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