The Fed is our friend. They are going to reduce interest rates by as much as they need.
More Quotes from Jon Burnham:
Bob Rubin did not feel he could leave Washington while the global crisis was raging on. And the fact that he's leaving now shows us that he believes the crisis is well under control.Jon Burnham
The news that's been coming out has been awful.
Jon Burnham
Easing rates will not improve the situation but increasing liquidity will,
Jon Burnham
This kind of news makes the market feel better for the moment, but when you're in this kind of bearish trend, some small concession isn't going to reverse direction. A lot of people thought Bush should have acted sooner. Even with this moving forward, the market has other things to worry about, like the economy, corporate profits and Iraq.
Jon Burnham
We've had a good run-up, so it's fine to pull back a little. The important thing is that the market is ignoring bad or lackluster news. You don't see that when something tops, just at bottoms,
Jon Burnham
I try not to get involved in any areas that I don't understand or that I can't explain to myself what is going on,
Jon Burnham
Readers Who Like This Quotation Also Like:
Based on Topics: Friendship QuotesCould you say 'senator' instead of 'ma'am? It's just a thing. I worked so hard to get that title. I'd appreciate it.
Barbara Boxer
It is the advertiser who provides the paper for the subscriber. It is not to be disputed, that the publisher of a newspaper in this country, without a very exhaustive advertising support, would receive less reward for his labor than the humblest mechanic.
Alexander Hamilton
I love John Waters. There's stuff in it that's beyond the boundaries of my taste, but his movies have always been like that.
Tracey Ullman