Michael Woolfolk Quotes

What we are concerned about is that going forward they may decide to remove petrodollars and redirect them elsewhere. If they do, it is negative for the bond market and ultimately for the U.S. dollar.

- Michael Woolfolk

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Concerned | Decide | Remove | Petrodollars | Redirect |

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If unemployment dips any lower, that may indicate some wage inflation and the Fed will likely continue to raise rates. - Michael Woolfolk

The hike in March is fully priced in. The hike in May is over 80% priced in. There is already talk of continued hikes after that. Interest rate differentials globally are increasingly favoring the U.S. and it's positive for the dollar. - Michael Woolfolk