It is hard to talk down your currency when fundamentals are improving. The currency has been a headwind, but we believe we are justified by the domestic strength of the economy. The reason they are not too concerned yet by the euro is it s an aan end is it seems to be an exogenous shock. It is a manifestation of the confidence of the eurozone and their policy. The eurozone is now growing as much as the united states. And so, i dont know if you change Monetary Policy if it affects that much. I think the euro is correcting for a changing growth rates that is now reestablished in the eurozone. He is trying to tight rope between announcing a tapering decision ahead of the governing council, he really didnt have a lot of leverage with his words. Jonathan joining me here is the head of global bonds and chief investment strategist at pgim limited, also eric stein from eaton vance, and trey parker at highland capital management. Gents, great to have you on the program. Here is what jumps out t
It is hard to talk down your currency when fundamentals are improving. The currency has been a headwind, but we believe we are justified by the domestic strength of the economy. The reason why they are not too concerned about the euro is it seems to be an exogenous appreciation, it is a manifestation of the confidence of the eurozone and their policy. The eurozone is now growing as much as the united states. And so, i dont know if you change Monetary Policy if it affects that much. I think the euro is correcting for a changing growth rates that is now reestablished in the eurozone. He is trying to tight rope between not announcing or preannouncing a tapering decision ahead of the governing council, he really didnt have a lot of leverage with his words. Jonathan joining me here is the head of global bonds and chief investment strategist at pgim fixed income. Also eric stein from eaton vance, and trey parker at Portfolio Manager at highland capital management. Gents, great to have you on
It is hard to talk down your currency when your fundamentals are improving. The currency has found a headwind, but we believe we are justified by the domestic strength of the economy. The reason they are not too concerned by the euro is it seems to be the result of a good demand sharp, not an exogenous shock. It is a manifestation of the confidence of the eurozone and their policy. The eurozone is now growing as much as the united states. I dont know if you change monetary policy. I dont know if it would affect it much. I dont know if the euro is now affecting the changing growth rates now established by the euro. Theyre not announcing some sort of tapering the decision ahead of the governing council. He really did not have a lot of leverage with his words. Jonathan joining me is robert tipp, chief investment strategist at pgim limited, also eric stein from eaton vance, and trey parker at highland capital management. Great to have you on the program. Heres the thing that jumped out at
As the economy continues to outperform. It is hard to talk down your currency when fundamentals are improving. The currency has been a headwind, but we believe we are justified by the domestic strength of the economy. The reason why are not too concerned yet by the euro is it seems to be an exogenous shock. It is a manifestation of the confidence of the eurozone and their policy. The eurozone is now growing as much as the united states. And so, i dont know if you change Monetary Policy if it affects it much. I think the euro is correcting for a changing growth rates that is now reestablished in the eurozone. He is trying to tight rope between not announcing a tapering decision ahead of the governing council, he really didnt have a lot of leverage with his words. Jonathan joining me here is the head of global bonds and chief investment strategist at pgim fixed income, also eric stein from eaton vance, and trey parker at highland capital management. Gents, great to have you on the progra
Down by 10 an ounce, but above, 13 1300 an ounce. David here now is your morning brief. Sachs willgoldman lay out its plans to turn around performance in core bond trading. Apple will be launching a new iphone. Willuropean president deliver a state of the union address. We will get u. S. Economic data on retail sales and inflation. Lets get an update on headlines. We have emma chandra back. Weakenedricane irma overnight after battering south florida. The storm had been downgraded to a category 1 with top winds of 85 miles per hour. It is northeast of naples and is expected to weaken further to a Tropical Storm today. The damage is unknown. Turned into rivers in miami and almost 5 Million People without power. Severe damage in flooding in the florida keys. Research has slashed estimates of total damages from 200 billion to less than a fourth of that. The u. S. Has water down proposed sanctions on north korea. According to a european diplomat. The United Nations Security Council may vote