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Steve Barrow in Wikipedia
We think it is unlikely, but it's a tough call.
Will the market push on for $1.05 this year and $1.10 by this time next year? We definitely believe that it will be the latter.
We don't expect a cut and we're not even convinced there will be a change in the Fed's bias. If the market is factoring in a cut, then it may come a cropper as a result.
The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.
Even after a big move down (in the dollar), the market is willing to sell any bounces.
Be suspicious of anything that works perfectly - it's probably because two errors are canceling each other out
Because we want to maintain access into the back country, ... For our enjoyment and everyone else's enjoyment.
Take the attitude of a student, never be too big to ask questions, never know too much to learn something new.