The economy is living with it, and corporations are turning in strong profits despite high energy costs. People forget that energy isn't as big a part of the economy as it was 25 years ago.
More Quotes from David Wyss:
Energy is the big wild card. We just don't know where prices will be. It will be a question of how fast oil refineries and oil pipelines come back.David Wyss
Politically, I wouldn't raise rates on the 20th. Raising rates when you are trying to recover from a disaster like this is sending the wrong message.
David Wyss
The times they are a-changing.
David Wyss
We've got to see what happens in October. There was an initial shock after the attack. Nobody was doing anything.
David Wyss
Greenspan is coming to the end of his term and he really wants to get the interest rate increases done before he leaves. He may feel he can't afford to take a meeting off.
David Wyss
Your guess on where oil prices are going to go is as good as mine. It just depends on the Middle East and who knows what is going to happen there.
David Wyss
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