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Letter "M" » Michael Woolfolk Quotes
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«We would have to say there is a confluence of events conspiring against the dollar.»
Author: Michael Woolfolk
«There's a compelling reason to hike interest rates at the next meeting.»
Author: Michael Woolfolk
«Unemployment has drifted further below 5 percent, and at those levels you have to start being concerned about bidding up of wages. There's a compelling reason to hike interest rates at the next meeting.»
Author: Michael Woolfolk
«While the monthly December data was not itself a negative surprise, the aggregate 2005 total was a rude reminder.»
Author: Michael Woolfolk
«This was a report that was made to order for dollar bulls. The market was predisposed to buy dollars and the report added gasoline to the fire.»
Author: Michael Woolfolk
«This was a report that was made to order for dollar bulls.»
Author: Michael Woolfolk
«The market took this to mean that there is a 100 percent chance that interest rates will be increased at the next meeting and a 75 percent chance at the meeting after that.»
Author: Michael Woolfolk
«Whereas Asian demand for US bonds is unlikely to end any time soon as a conscious policy decision, the reversal of petrodollars from the US bond market remains the greatest threat to the dollar in 2006.»
Author: 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.»
Author: Michael Woolfolk
«(The survey) was a big surprise this morning, but some of the market is saying that Detroit, because of loss of auto jobs, does not reflect the rest of the nation.»
Author: Michael Woolfolk
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