James, Jim or Jimmy McCormick may refer to: (wikipedia)
The market is underestimating the upside risks to the yen.
While deficit countries still enjoy yield advantage, the rate premium is narrowing.
On the ECB, the upside risks are far more imminent. To be sure, there are still plenty of doubts about the rigor of the recovery in the euro area.
There is a reasonably strong case for economic growth in Europe.
Our bias towards low-yielding currencies has taken a major hit over the past week, although we do not see a strong case for exiting the view.
Risks point to further declines in the Canadian dollar. The Bank of Canada has continued to soften its policy statement.
The shift in growth sentiment supports a trend that has been developing over the past six months: namely, countries with strong external balances are beginning to look more attractive relative to countries with growing external deficits.
If you were rating bank CEOs on investing for revenue growth rather than tweaking the existing system, John would rate way up there.
A continued decline in U.S. equity purchases will be a telling sign of foreign appetite for U.S. securities, and the future path of the dollar.
The news out of the U.S. the past few weeks is clearly dollar positive.
