But as more and more people get the position on for the dollar to sell off, you are going to need some new news. I think we might be closer to the end of this move than the beginning.
More Quotes from Rebecca Patterson:
As pressures on Brazil appear to increase, the market is starting to adopt a view that we're going to see more investor risk aversion and kind of a prolonged period of muted global capital flows. There are so many risks out there that people are thinking about all the damage to their profit lines.Rebecca Patterson
But what's more interesting is the U.S.-China deficit, especially with what's going on in Beijing just now. It's going to put a lot of pressure on the U.S. to get China to move (further on yuan flexibility), and to the extent that they don't, that's going to raise protectionist rhetoric in Congress, which I think is ultimately dollar-negative.
Rebecca Patterson
I think the European finance ministers had an opportunity on Monday to scare off bullish euro investors by threatening intervention or rate cuts to undo euro strength. They missed that opportunity.
Rebecca Patterson
Fifty percent of Actors' Equity is female, but opportunities for classically trained female actors are minute,
Rebecca Patterson
The foreign-exchange market is so big it would take a large number of Chinese all sending money abroad over a short period of time to have an effect.
Rebecca Patterson
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