Nobody's going to default in the U.S. Treasury market. The biggest concern I have is that not everybody understands that, and some people understand it better than others.
More Quotes from Drew Matus:
We had a lot of companies in that period that were not making money, hiring a lot of people who were not doing anything for their pay.Drew Matus
With this kind of income growth, the consumer has room to run. This tells us we don't need to worry about the first quarter.
Drew Matus
An extraordinarily weak figure for August. As a result, we are lowering our Philadelphia Fed survey forecast to 18.0.
Drew Matus
People are focusing on the impact of higher energy prices on the consumer instead of focusing on the impact of higher energy prices on inflation.
Drew Matus
This is as aggressive as I've ever seen for the Fed in terms of making clear that they're raising rates and that they're not near being done.
Drew Matus
People are going to take advantage of the lower interest rates to buy big ticket items like automobiles. People are buying what's cheap. The impact occurs more in the luxury spending areas.
Drew Matus
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