There is a difference between transparency and clarity. You can put everything out there and have a full airing of different opinions. But sometimes there is too much emphasis on the Fed's deliberations rather than its conclusions and that confuses things.
More Quotes from David Kelly:
There should be nothing scary in the oil inventories. It should show huge inventories or close to huge inventories. If you want to be scared about oil, you have to come up with something out of the Middle East or Africa, like the growing violence in Iraq.David Kelly
When Iraq invaded Kuwait in August 1990, little did I realize that Saddam Hussein would dictate the next 10 years of my life,
David Kelly
Baby boomers are turning 60, and they're working to build up those nest eggs for retirement. For some that are running behind, that means putting at least some of that nest egg into more aggressive investments. For a while, that was real estate or high-yield bonds. Not anymore.
David Kelly
On average, both the quantity and quality of employment are improving. But the evolution of the modern economy has resulted in an hourglass effect where the middle is getting squeezed. Individuals are either moving up or down but finding it hard to hold their ground.
David Kelly
Either in May or June, the Fed will have to raise interest rates.
David Kelly
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