I don't think you can assume the Fed's tightening cycle is done,
More Quotes from Kevin Flanagan:
I think you're seeing an enthusiastic response by the bond market because there appears to be a slight deceleration in economic activity, ... In order to continue to improve we'll need to see further signs of that slowdown.Kevin Flanagan
There doesn't appear to be the same degree of necessity to move into safe and liquid investments such as you were seeing last week.
Kevin Flanagan
The Fed statement is a neutral to slightly friendly development, ... The fact that they maintained neutral directive helps, but doesn't mean they can't tighten again.
Kevin Flanagan
U.S. stocks are struggling again today, and that has just added more fuel to the fire. We need a fix to see that things are coming under control.
Kevin Flanagan
Nevertheless, fourth-quarter growth was far more than anybody was looking for, and it is something that's going to keep the (Federal Reserve) on notice that growth is eclipsing their expectations by a visible amount.
Kevin Flanagan
This appearance has taken on heightened significance as we try to find clarity on whether the Fed will stop tightening after May 10th (policy setting meeting) or not.
Kevin Flanagan
Readers Who Like This Quotation Also Like:
Based on Keywords: fedsStrive to be authentic all the time. That's sort of my philosophy on life, which applies to acting.
Paul Guilfoyle
For me archaeology is not a source of illustrations for written texts, but an independent source of historical information, with no less value and importance, sometimes more importance, that the written sources.
Michael I. Rostovtzeff
I now teach at American University and the University of Virginia.
Julian Bond