It's a pretty negative development in terms of the outlook for growth in the U.S.,
More Quotes from Bill Dudley:
The question you have to ask is Do you think monetary policy is really too tight I don't think it is.Bill Dudley
The U.S. fixed income markets may get off to a bumpy start in 2006. The risks are very much on the high side that the minutes will be perceived as hawkish.
Bill Dudley
Dudley spotlighted the work of blockers Deacon Young, David Bailey, Jason Patsel, Rick Tuifao and centers Mike Elledge and Stevie Williams. We got over 300 rushing yards Saturday, and over 100 yards passing, ... The offensive line has done a wonderful job.
Bill Dudley
Since it is the tightness of monetary policy you have to worry about in terms of implications for the economy, not the shape of the yield curve, per se, it should tell you not to be particularly nervous about the outlook.
Bill Dudley
This is a pretty good report, I thought, in terms of the economy getting better.
Bill Dudley
It'll depend on how the market interprets the statement and whether or not they can tell if the Fed closed the door to further hikes. If they haven't, they'll want to know how wide that crack is.
Bill Dudley
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Flattery is the infantry of negotiation.Lord Chandos
The three parts of the theory are analytical ability, the ability to analyze things to judge, to criticize. Creative, the ability to create, to invent and discover and practical, the ability to apply and use what you know.
Robert Sternberg
It is the peculiar quality of a fool to perceive the faults of others and to forget his own.
Marcus Tullius Cicero