It's not clear what will happen to Europe. A lot of questions have been raised by this vote and none of this is immediately positive.
More Quotes from Daragh Maher:
Structural nervousness creeps into the market from time to time but interest rates still favor the dollar.Daragh Maher
The yen also got a boost from the China story because the yen is a yuan proxy.
Daragh Maher
There's a justifiable degree of cynicism about the new coalition. People are unsure about what it will deliver in terms of economic reforms.
Daragh Maher
The interesting aspect of the market reaction to the generally strong data released today is that the upside surprises have failed to provide any upward impetus to the dollar.
Daragh Maher
Certainly, the tone of the Inflation Report did not hint at such a pronounced division within the central bank, but rather one where the majority is content to overlook shortfalls in economic activity in an environment where inflation is tracking close to target and expected to continue doing so over the forecast horizon.
Daragh Maher
I'd be a bit nervous about the pound's rally recently. We've not seen enough evidence of a pickup in growth and the focus is still on the next rate cut, which I think we'll get in February.
Daragh Maher
Readers Who Like This Quotation Also Like:
Machines aren't replacing proofreaders at all. Copy editors, who proofread and much, much more, use spellcheck as a tool but read every word that appears in the paper.Bill Walsh
If it came to saving the life of one priest or sacrificing the life of an entire congregation, the church would save the life of the priest. Which is backwards, of course.
Rob Walton
Bud Johnson, God rest his soul of fame, a tenor saxophonist. Bud was always a big, big, big booster of mine and he always when I first met Bud in Pittsburgh when he came through there, he heard me sing and he wanted me to come to Chicago.
Billy Eckstine