Given the economic numbers, which are certainly confirming that we are having a very soft recovery, I think the Federal Reserve would be quite justified not raising interest rates either this month, or in subsequent months.
More Quotes from Mary Farrell:
Inflation is tame. Economic growth continues. Earnings are great. It really doesn't get any better than this, ... The one problem in the market is valuation, which has gotten pretty high.Mary Farrell
I knew that in the past that these financial panics had often triggered far worse consequences. I was actually less concerned about the market than the potential for collapse of the world financial system.
Mary Farrell
Most people will go through high school and not touch that kind of score. And he was no slouch on the other parts of the test.
Mary Farrell
It's a great thing to have on your rsum when you're looking for colleges.
Mary Farrell
Going forward from here, I wouldn't expect the kind of sharp gains we've seen in the past 12 months or the last two to three years,
Mary Farrell
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If you're not a risk taker, you should get the hell out of business.
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Custom is the great guide to human life.
David Hume