Quotes by James McCormick

“He was first guy to see the high returns that could be earned on credit cards,”

“If you were rating bank CEOs on investing for revenue growth rather than tweaking the existing system, John would rate way up there.”

“The news out of the U.S. the past few weeks is clearly dollar positive.”

“Without a doubt, its going to be a very disappointing year for those who have been looking for an Asian currency rally, ... turned out to be far too little.”

“The Asian currency rally has arrived, ... most Asian currencies should appreciate by a much larger margin against the dollar than other currencies.”

“We think the underlying momentum in the Fed policy story warrants more explicit long dollar exposure.”

“There is a reasonably strong case for economic growth in Europe.”

“It looks premature to be calling for an end to the tightening cycle.”

“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.”

“Were all passionate about what we do. But it shouldnt boil down to that.”

“With strong growth set to continue, the backdrop for emerging markets and commodity markets remains positive.”

“The dollar still hasnt finished its move up.”

“Who has the authority to set the price of water? How do you take away the rights of cities and towns? I dont think anyone has the authority to force conservation.”

“The dollar looks likely to continue ignoring the deterioration of its external backdrop for some time.”

“Risks point to further declines in the Canadian dollar. The Bank of Canada has continued to soften its policy statement.”

“The market is underestimating the upside risks to the yen.”

“The sell-off in high yield currencies in March has been largely an isolated occurrence, but there are risks that it could spread.”

“Growth is beginning to slow among the countries that maintain current-account deficits. In their place, sentiment is picking up strongly in countries that enjoy solid external surpluses.”

“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.”

“While deficit countries still enjoy yield advantage, the rate premium is narrowing.”