What I call a dollar crisis is when you have a big, negative feedback loop, with international investors spooked purely because of the currency, shedding U.S. assets, which would be more dollar negative, and it would just feed on itself,
More Quotes from Lara Rhame:
Whether you're going into business for yourself or not, you're still looking at a very anemic job market.Lara Rhame
A turnaround in manufacturing has not been signaled anywhere else, so I guess I'm not as excited about this number as the markets seem to be, ... I would like to see this confirmed in another month of data.
Lara Rhame
On balance, it is a modestly dollar negative set of data. Retail sales growth was a little weaker than markets had expected, with a downward revision to the ex-auto sector.
Lara Rhame
I still don't expect a double dip into recession, and I don't think the consumer will turn around and stop spending, but I do take that confidence number very seriously.
Lara Rhame
With MA activity picking up, productivity growth will stay robust, and that means continued new efficiencies, and a lot of that will overshadow new job creation.
Lara Rhame
Business confidence remains very, very fragile, and we're still in an environment where businesses are more concerned with cutting costs than with ramping up investment projects,
Lara Rhame
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