171 Quotes by Adam Cole

Even if they don't change at this week's meeting the delay is only one month. It will take three months to withdraw excess liquidity before they can target zero interest rates. So the policy shift might not have a material impact.

Even if these (falls) reverse partially next month, this is very bad news on domestic demand.

At the moment it seems like a pretty ring-fenced issue and it doesn't look like it's going to spill over into the market at large, but any risk aversion resulting from problems with trading would be dollar negative.

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.

is still hoping to squeeze one more interest rate cut in.

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.

It was a challenge just to play college basketball. But it's definitely rewarding now. When it ends like this, it's all worthwhile.

The signal that the Fed seemed to be sending yesterday is that they don't know where rates are going beyond March, hence the references to data-watching.

The broad picture shows the economy is growing at much the same pace in the third as the second quarter,