126 Quotes by Lara Rhame
- Author Lara Rhame
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It's hard to find anything even remotely good about these numbers. This is pretty much going to quash any reason to buy the dollar.
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The next couple of months will be absolutely crucial. If we can get through this, we're going to have growth that will be consumer-led next year.
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Everybody has to learn a little more economics than they want to learn, now that we're drawing more and more of a distinction between actual GDP and final domestic demand, which is GDP minus inventories. Inventories can surprise. It's hard to make a solid forecast about them, and the Fed said that. I think the market continues to overestimate Fed rate cuts.
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That's one of the reasons the dollar came off at the end of last week, ... and could come off even more on Wednesday, when Greenspan speaks. He could be setting the foundation for a more range-bound trade for this coming quarter.
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Everybody is spinning it in their own direction, ... The end result is the same trends remain in place: dollar weakness, euro strength and the yen strong, but not so strong as the euro.
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Everybody knows they (investors) want to buy high yielding currencies and the yen still seems like the best currency to sell to fund that.
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The bin Laden tape has led to some dollar selling. The tape fits with the view of those who think the U.S. economy is at risk of falling into a sinkhole.
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Stocks usually lead us out of a recession, but not this time. That throws in a whole new level of uncertainty about how businesses are going to behave. We don't know if there will be enough business confidence without stocks coming back.
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Stocks in this recovery have performed far worse than the last three recoveries, ... You really have to ask yourself, as a whole, what the markets are seeing out there.
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