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Ashraf Laidi Quotes

There is a good chance that CPI will be higher than expected. But the question is not only will the CPI reflect the increase in wholesale inflation but whether it will be carried into subsequent months. - Ashraf Laidi

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After the dollar got hit most of last week following the record U.S. current account deficit, coupled with violence in Iraq and Saudi Arabia, players are now looking to partially unwind their dollar shorts and await tomorrow's ZEW (economic sentiment) survey out of Germany. - Ashraf Laidi

Those who expect further rate hikes can note that the real Fed Funds rate has yet to reach at least 3 percent... But with oil prices rising 58 percent since last June (when rates started to rise) and with U.S. manufacturing nearing contraction, the bond market is telling the Fed that it had better not raise rates further. - Ashraf Laidi

This is how you make money without venturing abroad. - Ashraf Laidi

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