The big shift for 2006 will be interest rates rising outside the U.S..

I think on the margin the U.S. data makes currency traders more hesitant to put on strong positions. The U.S. economy is still growing at a strong pace, and the Fed might have to raise rates longer than anticipated.

One reason we are seeing some volatility is that there are nervous bond investors who own Treasuries.

Its a realization that although consumer inflation has been benign, we always have these fears lurking in the background.

I expect two interest-rate increases of 25 basis points each this year.

I've always been timid. I wait for the mating signal, yet I want to show my interest, but I'm too goddamn bashful to go for it! I have no sympathy for wolves. Why can't a man wait and see if there is any interest in them? Every woman wants to be pursued, it's a courting dance, a mating game and it should be that way, played out. The world is full of creeps.