Lara Rhame Quotes
The euro can go pretty far -- when currencies correct, they have a tendency to do that... But I don't see the recent move as dramatic or unexpected, and I don't think it's out of line with fundamentals.
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Euro | Pretty | Currencies | Correct | Tendency |
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Probably the easiest way to think about the Sept. 11 event is to think of bouncing a ball off the roof of a garage onto the driveway... The ball's bouncing around, and it's still unclear what the slope of the driveway is. But we can be fairly sure it's sloping up.
- Lara Rhame
Everybody has to learn a little more economics than they want to learn, now that we're drawing more and more of a distinction between actual GDP and final domestic demand, which is GDP minus inventories... Inventories can surprise. It's hard to make a solid forecast about them, and the Fed said that. I think the market continues to overestimate Fed rate cuts.
- Lara Rhame
