Quotes from the news wire:
A lot of our clients, particularly on the private client side are U.S. (dollar)-denominated … they do have a home bias and we reflect that home bias in our portfolios.
Found on Reuters 7 years ago
Manufacturing PMI's are a good gauge of economic growth and have risen materially in the last year, coupled with the ambitious balance sheet reduction plan, monetary policy tightening could prove a larger headwind than anticipated. Normalizing monetary policy is a good thing, but the Fed should be careful of the pace.
Found on Reuters 7 years ago
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