41 Quotes by Jay Bryson

Most people expect that the Fed will hike short-term rates more than the 10-year (yield) will go up this year.

My expectation was the trade deficit would increase anyway into the low 60 (billion dollar a month) range. A $70 billion (monthly trade gap) sounds like a stretch, but we could be looking at the mid to high 60s now.

Obviously, this quarterly swing is a one-off event.

Obviously they're getting a lot of flak from Congress and the Europeans as well. It was going to happen at some point anyway. It probably happened sooner than it would have if Congress and the administration hadn't said anything,

I guess if there's any surprise it's that I would have thought exports would have grown a little more than they did. But in the second quarter everyone else had weaker economies, although more recent signs are that things abroad are picking up. So maybe June was too soon to look for an increase.

If things start to go really badly in Iraq, and we have a long conflict and have to destroy a lot of infrastructure, that would be very dollar negative because we will get stuck holding a lot of the tab for that, at a time when we have budget deficits going out as far as the eye can see.

People are starting to hedge bets. Obviously it's an uncertain time,

The Achilles heel of the U.S. economy is its dependence on foreign capital...which may be the only way that Europe can keep American unilateralism in check,

I would agree that the risk of recession is greater today than it was a month ago. I can certainly think of how we can get to recession.