Quotations
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Michael Darda Quotes
«There's the potential for a positive surprise. But anything around or above 200,000 is a positive for the economy.»
Author: Michael Darda
«If we get anywhere close to the forecast, its going to be negative for bonds, cause that market has depended on a miss on payrolls in recent months.»
Author: Michael Darda
«There was nothing too surprising in what he said.»
Author: Michael Darda
«It was a great report, although one month does not a trend make.»
Author: Michael Darda
«Such action could create a sharp upward move in inflation expectations, additional upward pressure on precious metals prices and renewed downward pressure on the dollar, ... If that were to happen, the Fed likely would have to drive rates up much more in the future, which could be disruptive to financial markets.»
Author: Michael Darda
«Gold prices are rising against almost every major currency, ... So the run up in gold prices here has not affected the dollar to the benefit of other currencies.»
Author: Michael Darda
«I think he's basically greasing the skids for the Fed to keep raising rates, and that may not be something the stock market has realized yet, ... and that's why you're not seeing much reaction.»
Author: Michael Darda
«To me, this looks like continuation of crude oil escaping the gravity of reality.»
Author: Michael Darda
«I thought the jobs report was more robust than the headline number would suggest, with the June and July upward revisions to payrolls countering the August miss.»
Author: Michael Darda
«There's no real change in the rhetoric. He's talking about risks to economic growth, but within the overall context that monetary policy can respond.»
Author: Michael Darda