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Lars Christensen Quotes
«People want to have an experience when they take a shower. They want to enjoy themselves in a standing spa. But they don't have the time to lay in a whirlpool for a half-hour.»
Author: Lars Christensen
«In a low-yield environment, there was a lot of interest in high-yield markets such as the Icelandic. But with yields on the rise in Europe and the U.S., we want to see a lot more quality before we feel comfortable investing, as high yields alone are no longer enough.»
Author: Lars Christensen
«We conclude that Iceland on almost all measures looks worse than Thailand did before its crisis in 1997 and only moderately more healthy than Turkey before its 2001-crisis.»
Author: Lars Christensen
«We see a substantial risk of a financial crisis as an integral part of an Icelandic 2006-2007 recession. The funding squeeze of the banks will probably force them to reduce lending to domestic players, and force a sell off of external assets.»
Author: Lars Christensen
«Icelandic banks have effectively been shut out of global credit markets, and a credit crisis is just around the corner.»
Author: Lars Christensen
«We're still concerned, however, about the imbalances in the economy, but it's positive that the central bank is reacting.»
Author: Lars Christensen
«The central bank is much more likely to tolerate a strong currency because of inflation. The market is speculating the koruna will gain.»
Author: Lars Christensen
«This will give the government some breathing space and bring short-term relief to the market. Although we still have to find out what deals were made to bring about this vote, the zloty will rally on this news.»
Author: Lars Christensen
«Investors are beginning to see Poland in an unfavorable light and that's because of politics. Bad policy could turn good fundamentals into bad fundamentals.»
Author: Lars Christensen
«That's a very strong argument for reducing holdings out of Poland and politics might be the trigger.»
Author: Lars Christensen