I think Greenspan basically said the obvious, that long rates are too low and against his desire for the economy to grow ... His comments indicated that the Fed will remain in a tightening stance and that we should see further raising as the year progresses.
More Quotes from Ben Halliburton:
I think now that that is digested, people are looking at some reasonable values our view is that crude oil prices are going to remain high.Ben Halliburton
I think we are likely to remain in a trading range for some time.
Ben Halliburton
As the major indexes move near four-year highs, there are some risks for stocks. But the economy is growing at a solid pace, as the payrolls number showed, bond yields remain low and there is still excess of capital out there, looking for good returns.
Ben Halliburton
Even so, he thinks oil exploration and production stocks may still be worth a look. Some of the stocks are trading as if oil is 50 a barrel whereas oil is at 65 right now, ... So even if oil prices were to fall back, that sub-sector would still be undervalued.
Ben Halliburton
I'm not quite sure how he thought it was an economic deal at 5 ... I don't think that's the case.
Ben Halliburton
Readers Who Like This Quotation Also Like:
When schools produce students who learned to think on the left or on the right, they're not thinking for themselves.David Horowitz
Divine life is in touch with the whole universe on the analogy of the soul's contact with the body.
Muhammed Iqbal
Music is mediator between spiritual and sensual life.
Ludwig van Beethoven