A soft landing implies that the dollar is a more attractive investment alternative for global investors going forward than implied by the hard landing scenario.
More Quotes from Bob Lynch:
While there have been some obvious signs of slowing in the U.S. economy, market participants want to see additional evidence confirming the slowdown,Bob Lynch
I think this is what helps me feel good. I suck in a lot of oxygen while rowing.
Bob Lynch
The 50-basis-point increase in May, combined with the previous moves by the Fed, and weaker economic data should encourage them to wait.
Bob Lynch
The market has come to realize that any European rate hikes won't measure up to what is coming from the Fed,
Bob Lynch
Fed Chairman Alan Greenspan has made it clear that he is concerned with what is happening with the economy's growth right now, and not with what occurred in the first and second quarters, ... That is why the July job numbers will be important.
Bob Lynch
The consensus is the Bank of England will leave rates unchanged.
Bob Lynch
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