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Letter "W" » William Belchere Quotes
«Dubai is a competitor. Small cities quickly outgrow their domestic markets.»
«They run like a flock. But Korea's very much at the front of the pack and Indonesia and Malaysia are at the back of this one.»
«It's really moving off the back of the U.S. markets and anticipation about where interest rates will ultimately settle here. The knee jerk instinct in reading the Fed statements [earlier in the week] was that rates were going much higher than the 5% the market had settled on; I think as people have time to pause and reflect... the Fed is closer to stopping than people were worried about earlier.»
«In Korea, already you can see the baton passed from exporters to domestic consumption.»

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