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Letter "J" » James McCormick Quotes
«With strong growth set to continue, the backdrop for emerging markets and commodity markets remains positive.»
«The dollar still hasn't finished its move up.»
«Who has the authority to set the price of water? How do you take away the rights of cities and towns? I don't think anyone has the authority to force conservation.»
«The dollar looks likely to continue ignoring the deterioration of its external backdrop for some time.»
«Risks point to further declines in the Canadian dollar. The Bank of Canada has continued to soften its policy statement.»
«The market is underestimating the upside risks to the yen.»
«The sell-off in high yield currencies in March has been largely an isolated occurrence, but there are risks that it could spread.»
«Growth is beginning to slow among the countries that maintain current-account deficits. In their place, sentiment is picking up strongly in countries that enjoy solid external surpluses.»
«The shift in growth sentiment supports a trend that has been developing over the past six months: namely, countries with strong external balances are beginning to look more attractive relative to countries with growing external deficits.»
«While deficit countries still enjoy yield advantage, the rate premium is narrowing.»

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