" The unlimited expansion of the fed 's balance sheet is good news for the economy but it increases the potential tail risk of higher inflation in the future , " said james evans , senior vice-president at brown brothers harriman .
Marc chandler , global head of currency strategy at brown brothers harriman , has a dream , though , of an end to all of this that is actually quite orderly and , dare we say , optimistic .
" The various powers of the u.s. government are being brought to bear on this crisis while in europe , they 're still hamstrung , partly by their complex structure , partly by sheer size , and partly by schadenfreude , " said marc chandler , head of currency strategy at brown brothers harriman .
Combined earnings of companies in the standard & poor 's 500-stock index are projected to rise 13.6 % from a year ago for the second quarter , according to an analysis of wall street forecasts by brown brothers harriman .
Wednesday 's vote " keeps the situation from falling into the abyss , but it is not clear how far from it the situation remains " , said marc chandler , global head of currency strategy at brown brothers harriman .
' The risk of a vicious spiral of sovereign and bank-credit downgrades points to growing financial distress as the risk of a disorderly greek default looms large , ' said lena komileva of brown brothers harriman in london .