7 Quotes by Jon Jacobs

Until several days ago it looked like the euro was trying to mount a recovery, ... But it failed and it looks like it's heading lower again. We see the euro continuing to be under pressure mainly because the U.S. market, after the Fed does nothing next week, will focus on the prospect that the Fed will raise rates in the future.

Glenn's help on the day was invaluable. With Glenn being there, it allowed the crews to practice in as near to a real situation as is possible. His help and guidance at the session ensures that should any rider get into difficulties at Somerset in the new season, they will receive first rate attention from the crews on duty, attention which could make all the difference as far as rider safety is concerned.

It is incredible to now think that it is possible to manufacture and sell a virtual item one minute and then go out and buy real dinner the next minute, with the same funds.

I think everyone expects the Fed to have a hawkish statement -- to not raise rates, but to say that the balance remains tilted toward upside pressure on inflation,

There's a pretty overwhelming consensus that there will be no hike next week. Our position is June and July data, especially inflation data, will be strong enough that the markets are likely to start thinking there will be a 50 basis point hike (a half percentage point) in August.

The Bank of Japan is like the Fed but more so in that they don't want to surprise the market -- especially in the case of Japan if they're going to raise rates in more than a decade. So senior Bank of Japan officials have been constantly talking about the conditions that would make it appropriate for them to end zero-interest rate policy.

I want to operate this thing at the level of a major nightclub in a major city,