“Lots of domestic institutions are taking a cautious stance, so we could see boring, volatile markets.”
“The market is still looking forward to discounting a neutral stance by the Fed,”
“The market is still looking forward to discounting a neutral stance by the Fed.”
“Meanwhile, the market already has recognized that the Fed is in a more-aggressive stance, so it is difficult to get more mileage out of that story.”
“What I would like to see is the European Commission taking a more proactive stance instead of a wait-and-see approach.”
“The market is very stressed out. But now it is hoping that the Central Bank changes its stance in favor of the market to soak up some [dollar] liquidity with shorter debt notes.”
“I like the proactive stance the city is taking.”
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