Steve Pearson Quotes

There was an observable extreme in market sentiment. - Steve Pearson

The strong US employment report serves as reminder that upside risks to US short rates linger. - Steve Pearson

The story of 2005 was the dollar defying an overwhelmingly bearish consensus. The dollar has little to fear from a slowdown in U.S. consumption growth as this will eventually lead to an improved external trade position. - Steve Pearson

The market has got itself into a far-too-dovish spot given the tone of the Fed-speak. There is potential for rate expectations to rebuild and that should support the dollar. - Steve Pearson

The impact of the weaker ISM survey has knocked the dollar lower. The backdrop for the dollar is that it's just consolidating around here. It's a pause for now. - Steve Pearson

The growth fundamentals really weren't there for the euro. The U.S. has a strong economy, it has high yields and that's good for the dollar. - Steve Pearson

Sentiment was extreme and totally against the yen, and that's why we saw it getting stronger. When everybody is positioned for one outcome, then you've got to ask yourself where the marginal buyers are going to come from. - Steve Pearson

Most of the underpinnings are economic. - Steve Pearson

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