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Letter "R" » Richard Gilhooly Quotes
«The Fed now thinks they are pretty much at neutral, and there has to be evidence to suggest they actually need to raise interest rates.»
«Greenspan will need to either confirm the 'patient' theory or ratchet up his view on jobs and the economy,»
«There's nothing surprising in this when you see day after day after day after day, 3,000, 5,000, 10,000 layoffs, ... So if anyone's shocked by this, they haven't been reading the newspapers for the past three months.»
«But certainly the numbers are weaker than expected, ... This is just one in a series of numbers which argues that the economy is decelerating rapidly.»
«Greenspan will need to either confirm the 'patient' theory or ratchet up his view on jobs and the economy.»
«It's already been auctioned off beforehand.»
«You could see two-year yields spiking up to around 5 percent before the Fed is done.»
«The market will be looking for him to confirm what was priced in last week: that the Fed will stop a little earlier than we had thought.»
«The bond market got very oversold. To expect a technical bounce is reasonable.»
«There's no panic, most of the auction was hedged by dealers.»

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