Lara Rhame Quotes

There really has not been justification for the dollar rally to happen exclusively versus the euro, especially because euro zone data has been kind of positive and Japanese data has kind of languished in a funk.

- Lara Rhame

Tags

Justification | Dollar | Rally | Happen | Exclusively |

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This shows our big reliance on imports and foreign capital. As the dollar weakens, that becomes a more and more expensive habit. It makes our imports more expensive, makes the trade deficit wider, makes us even more dependent on foreign capital, weakening the dollar, on and on -- it's a vicious cycle. - Lara Rhame

This was an honest-to-goodness better-than-expected report. There were no special factors in it that made it look artificially strong. The report also indicates that consumer fatigue may not be as severe as we had previously thought. - Lara Rhame

The 'new economy' was a new beast to some extent, and the Fed was too lenient in terms of letting consumer exuberance get ahead of itself. They should have been moderating growth in 1997 and '98. - Lara Rhame