We have gone from a situation where investors were on the verge of a nervous breakdown to a level of high anxiety.
More Quotes from John Lonski:
We can talk about GDP, but what does that mean to most people The everyday American has a better handle on where the Dow is today, where it was not long ago and where it was at its peak.John Lonski
A bigger-than-expected jump in durable goods could remind investors that overseas growth is accelerating.
John Lonski
When you have a treasury yield curve invert by at least 50 basis points for a six-month duration we usually have a recession within 12 months. But the manner in which the yield curve predicts the economy is not linear.
John Lonski
It would help to put in a bottom if we had a clearer idea of what may happen in Iraq,
John Lonski
The biggest threat to the bond market looking ahead 6-9 months is what becomes of overseas economies. Let us not forget that the Federal Reserve cut interest rates three times in 1998 because of the unexpected severity of overseas economic slumps.
John Lonski
The dip by the core PPI brings attention to how inflation is not an issue in the credit market and it's the least of the Federal Reserve's worries.
John Lonski
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