I think the (Brazilian) government has done most of the things it promised to do on the fiscal front, ... However, it has mismanaged the process so badly that the currency overshot.
Quotes about overshot (7 Quotes)
Things never really clicked here for the moment I got off the plane really. Seemed like I was on the back foot all weekend and things never came good to be honest. In the race I had a good battle with a few guys and went back and forth with Barros a few times then I overshot at the end of the straightaway and lost a few places. I feel I let my boys down here and don't feel good about it. I just want to make sure we come out of the gate fast in Sepang next week and put things straight.
Last year's Breeders' Futurity purse was due to increased nominations for the New York-bred program and it has continued to go up. That's why we raised the estimation to 200,000 for this year. We had previously estimated it at 100,000 and, obviously, the last two years it's completely overshot that, so we're anticipating the same type of scenario this year.
Just as the market overshot on the downside in yield in MayJune, the risk is that it now overshoots on the upside.
We were a lot faster on the banking, and the BMWs seemed to be going pretty wide. We were able to hold it tight and get a run out of there. We started out on scrubbed tires, and I overshot it a bit on the first couple laps, expecting too much from them. The balance of the tires came back and I was able to charge forward and give the car to Jan with the lead.
History tells us that the Fed has always overshot its tightening goal -- central bankers like to know the cork is firmly implanted in the bottle so that the inflation genie doesn't sneak out. The worst thing a central bank can do when fighting inflation is fall behind the curve. Therefore, we are fairly comfortable with our Street-high estimate.
The evolution of the brain not only overshot the needs of prehistoric man, it is the only example of evolution providing a species with an organ which it does not know how to use