37 Quotes by Michael Thomas
- Author Michael Thomas
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My gut instinct is that the Australian dollar will wobble a bit lower from here. The interest rate differential is slowly being eroded. The Australian dollar is now less attractive to overseas investors.
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Recent events overseas have probably elevated the global economy to the top of the RBA's risk list,
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Payrolls is one of the main indicators of how strong the economy will be and a strong number means that there will be more rate hikes from the Fed. Yields are heading up across the curve.
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I will support Bob in everything he will do. The people who have worked on my campaign will support Bob as well. That is the way America works ? when the public speaks, we back them. It has been a humbling experience for me to have so many people support me during my campaign.
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That's because it's about 98 percent water and only 2 percent sugar. So you have to have 40 to 43 gallons of sap to equal about 1 gallon of syrup. To get 2 gallons, you'd have to have 80 milk cartons full of sap.
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We didn't do our jobs. One guy would let up on every play. No one did their job.
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With everyone chasing yield, if that inversion does grow to 10 or 20 basis points, people will have to reconsider whether they should be investing in the long end or back at the short end, where they can get a higher rate. With the Fed putting rates up at the short end, that's going to be attractive to people with a short-term investment horizon.
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We will help Philadelphia where Philadelphia needs it most.
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We're working with the six states to help them develop strategies.
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