I'm struck, ... Originally I thought that in a recession we could get below 5 percent, but we're not even close to one (a recession.)
More Quotes from Anthony Crescenzi:
They could have said there's a clear acceleration in economic activity currently under way, but it remains at risk of weakening or reversing, owing to the labor market and other factors. To leave it out completely doesn't make any sense to me -- it's as if they think the market's full of dummies.Anthony Crescenzi
The inflation news due out on Friday with the producer price index and next Tuesday with the consumer price index will probably be unfriendly,
Anthony Crescenzi
In a sense the market exhausted itself on the downside yesterday,
Anthony Crescenzi
Today, the market witnessed the other side of that de-leveraging process, ... If this was the fuel driving up bonds recently, there's probably not a lot of that left.
Anthony Crescenzi
The economy is less interest-rate sensitive than it was a year ago because of income growth, and we have corporate profits higher than capital spending -- a condition only seen rarely in the past 40 years -- meaning companies don't need to borrow as much,
Anthony Crescenzi
The risk aversion was a touch smaller today, but it was more of a toe-step into the markets that were beaten up badly.
Anthony Crescenzi
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