We believe the Fed is done. But even if the Fed is done, it will continue to talk tough, stressing inflation risks, in part to keep markets from going to far too soon.
More Quotes from Bruce Steinberg:
The new economy is very, very much alive and well. This is that healthy shakeout of Internet companies that many of us have been talking about for months. Now it's time to sift through the rubble and see what's left standing -- and what will grow in its place.Bruce Steinberg
We assume that will begin to happen during the first half of next year.
Bruce Steinberg
I think they may ease as soon as late January.
Bruce Steinberg
We believe Thursday's remarks were enough to think that the Fed will take a 'wait and see' attitude rather than ease one last time.
Bruce Steinberg
This is a great PPI number. We have literally no wholesale inflation in the U.S. economy. The PPI went down, the core PPI was unchanged, and over the past year wholesale prices measured by the core PPI are barely up at all.
Bruce Steinberg
The economy remains weak, but hints of stabilization are emerging.
Bruce Steinberg
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Brian De Palma
I'm an outsider.
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Vegetables, which are the lowest in the scale of living things, are fed by roots, which, implanted in the native soil, select by the action of a peculiar mechanism, different subjects, which serve to increase and to nourish them.
Jean Anthelme Brillat-Savarin