What Katrina has done is shift the economic focus from inflation to growth.
More Quotes from David Jones:
The Fed chairmanship is not the kind of job where you want to surprise everyone with your choice of a total unknown. You don't want to surprise Wall Street.David Jones
Last summer, there was a meeting of the elders of the tribe at Marty Epstein's house. We were told the theater was in financial trouble and needed new energy and new money.
David Jones
No matter how you slice it, we've seen some acceleration in labor costs. The market took heart from good producer and consumer price numbers, but I don't think Greenspan is paying as much attention to those numbers as the Street has.
David Jones
At Clemson, you have a lot of people from New Jersey and other states come down here just because we're still cheaper. Out-of-state tuition is still cheaper here than in their home state.
David Jones
We are headed to 5 percent almost certainly, but after that the Fed will pause because they will see enough evidence that economic growth is moderating.
David Jones
We think it's very important that we deliver the message to people that, yes, our bodies need to move. We need physical activity.
David Jones
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