I think rules are made to be broken and history isn't always a perfect guide. Today the stock market is very undervalued. As I look into the future, the gains of the past few weeks are a precursor to what is going to happen in the future.
More Quotes from Brian Wesbury:
Weak currencies tend to signal weak economies. Brazil did not want to devalue, it fought off devaluation for a long time. Nonetheless the economic fundamentals forced them to devalue against their wishes.Brian Wesbury
If you put yourself in his shoes, he's never had a greater value in the marketplace than today. Every day the value of that ... diminishes.
Brian Wesbury
The numbers we've seen over the past few months have to make them feel better about their stance in monetary policy. It will allow them to remove some of the pressure they feel to maybe raise rates, and in effect move toward lowering rates.
Brian Wesbury
By cutting interest rates too far...the Fed is using the monetary equivalent of a corked bat, ... The end result will be more damage from lower rates, more volatility in future interest rates and more confusion about what monetary policy can and cannot do.
Brian Wesbury
Almost every indicator we have says that inflation is going to be less than 1 percent this year. That means that the 5.5 percent Federal Funds rate is too high.
Brian Wesbury
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Based on Topics: Future Quotes, History Quotes, Past Quotes, Perfection QuotesIt can be summed up in one sentence. Does this person have something to teach my students? No one has ever let us down.
James Lipton
I believe Mexico should dedicate 100% of its oil revenues to developing human capital and technological development. None of us politicians should be able to touch that money.
Vicente Fox
Also we will be carrying food and clothes for the Expedition Two crew. And as well as spare parts for the EVA that will be conducted from the station in the following months.
Umberto Guidoni