Last quote by Tim Condon
Tim Condon quotes
We view China's authorities as more like Singapore's and we think it's a matter of time before macro prudential policy slows sales growth.
We think Cleveland Fed President Mester's reiteration of her hawkishness caused investors to re-interpret the implications of the previous day's manufacturing ISM report as signaling an increased likelihood of a December rate hike.
We do not consider the announced measures sufficient in themselves to stem dollar/tugrik buying. A regime change might be needed in order to halt the buying pressure.
We think exports are over as a growth driver.
Elevated JGB volatility historically is contagious and this time is no different.
The currency policy changes put in place after mid-January are showing a strict adherence to the basket peg. It is a more disciplined policy.
We think it would take a big food supply shock or energy price spike for CPI inflation to cross the central bank's 3 percent inflation red line.
The 18 percent month-on-month drop in global crude prices in January ensured that deep PPI deflation will persist until global oil prices stabilize long enough for a low-base effect to kick in, which would be toward the end of the year.