26 Quotes by Tim Mazanec
- Author Tim Mazanec
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The trade balance was narrower than expected, so that should push most (U.S.) GDP forecasts toward 5 percent in the first quarter,
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- Author Tim Mazanec
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The risks for the dollar are probably pretty even going into this Fed meeting.
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The risk if you are a dollar hawk is they show they are closer to neutrality and if you are a dollar dove that they show no evidence of being done.
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- Author Tim Mazanec
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It was all one way. It was just a matter of momentum picking up after 8 a.m..
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The report was spot on expectations, signaling continued growth in the U.S. employment sector. It should bode well for the economy, but the reaction is null and void in the market as we await Greenspan.
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- Author Tim Mazanec
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It's a continuation of the trend we've seen.
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Consumers have been the strongest piece of this economy, so if we see some weakness in retail sales, and the Michigan survey should be off on Friday, we should see the euro win the benefit of the doubt,
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- Author Tim Mazanec
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That really backed up the fact that strength is still expected in the economy, which means more rate hikes to keep inflation at bay, so that has supported the dollar this afternoon.
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If unit labor costs are not increasing as much as we initially expected, that would get the Fed to pause (rate hikes) sooner than expected.
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