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Michael Woolfolk Quotes
«Investors are attempting to square up their positions before the long weekend.»
Author: Michael Woolfolk
«This was undeniably a positive report. Today's report could very well tip off a strong, albeit short, week for U.S. economic data.»
Author: Michael Woolfolk
«The larger-than-expected rise in [the] headline and core PPI helped to reinforce the view that the Fed will continue raising interest rates at its next two meetings. Nonetheless, the core inflationary data remains particularly benign.»
Author: Michael Woolfolk
«The larger-than-expected rise in (the) headline and core PPI helped to reinforce the view that the Fed will continue raising interest rates at its next two meetings. Nonetheless, the core inflationary data remains particularly benign.»
Author: Michael Woolfolk
«Given the recent spate of positive January data, CPI and durable goods are unlikely to disappoint. Consequently, the USD is positioned to make new gains...as favorable U.S. growth and interest rate differentials weigh on market sentiment.»
Author: Michael Woolfolk
«Despite some base-effect distortions caused by surges in building supplies and clothing sales in the previous month, December retail sales reflected broad-based domestic demand that should support a strong GDP figure for the fourth quarter.»
Author: Michael Woolfolk
«Given the recent spate of positive January data, CPI and durable goods are unlikely to disappoint. The USD is positioned to make new gains ... as favorable U.S. growth and interest rate differentials weigh on market sentiment.»
Author: Michael Woolfolk
«The Bank of Japan is not going to be changing its monetary policy before the fiscal year end on March 31. As corporations close down their books, they don't want any pronounced movements in the dollar-yen rate.»
Author: Michael Woolfolk
«The market is happy with the number as it shows strength in Canada's economic growth. Investors are willing to buy the Canadian dollar.»
Author: Michael Woolfolk
«This morning's announcement by the Bank of Japan to end quantitative easing is being viewed as an indication that the Japanese economy is returning to health, but appears insufficient to prompt any consistent yen buying as of yet.»
Author: Michael Woolfolk