If he's true to that perspective, I think we're going to find that monetary policy looks an awful lot like it did under Greenspan for the next several years.
More Quotes from Dana Johnson:
Apparel prices have been trending down for years, thanks in part to downward pressure on import prices.Dana Johnson
This is a crystal clear indication that the labor markets are very healthy and it reinforces the notion that the economy is growing in a healthy, sustainable way.
Dana Johnson
I told him that I love him, that he was going to be in peace, that his mother was waiting for him,
Dana Johnson
I don't think one 50 basis point move (by the Fed) is likely to be enough. It's going to be very hard for the stock market to move ahead. Profit margins are not going to be expanding. There's going to be nothing to offset the higher interest rates.
Dana Johnson
It looks like another good year for California. Housing prices have got to slow down.
Dana Johnson
To me, the one-two punch of the breakthrough of health care issues (with GM and the UAW) and this makes me feel better about the economy overall,
Dana Johnson
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