Lara Rhame Quotes

Market expectations for both are very fluid. All of this is driving Japanese yields up and causing the market to switch from the yen into the Swiss franc as the funding currency for carry trades.

- Lara Rhame

Tags

Market | Expectations | Fluid | Driving |

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A lot of people don't understand that the ISM number is not actually an output number. It's the equivalent of consumer confidence, but for businesses. So certainly outlook has improved, but it remains to be seen how clearly that will translate into actual activity. - Lara Rhame

For the Fed, productivity is the antidote to inflation, and that's still very strong. It's inconceivable that the Fed would tighten in four out of its next five meetings. - Lara Rhame

We've never seen how this index behaves in a recovery; we've never seen it in anything but a downturn. It doesn't surprise me that we'd get record levels, now that manufacturing is recovering. - Lara Rhame