It was a little stronger than expected. I think we are going to see the bond confined to a narrow range based on the economics.
More Quotes from Mike Ryan:
There has been some speculation that you could conceivably see the two-year note cut back to a quarterly cycle from a monthly. I do think that will happen, but I don't think it will be announced tomorrow.Mike Ryan
We're so dependent on foreign capital that, if you could see any weakness in the dollar it could come on Friday with the trade numbers. If we see a sharply above consensus reading for trade, there could be some concern about the sustainability of that trade gap and that could certainly weigh on the dollar.
Mike Ryan
We have been trading on the low side but, ahead of the CPI Consumer Price Index number tomorrow, bonds have already moved pretty sharply over the past couple of weeks. The perception is that there's not a whole lot of upside and the CPI number isn't going to give the market much in the way of legs.
Mike Ryan
Yesterday there were rumors that (OPEC president) Ali Rodriguez was going to push for pretty substantial production increases from OPEC, but what we've heard is that these production increases will be less than what was speculated, ... Yesterday had crude prices down sharply but they're rebounding today. Inventories are still low and demand, globally, continues to rise.
Mike Ryan
Preparedness is not just about stockpiling, it's about having an actual plan.
Mike Ryan
The employment report will make or break the bond market this week. Until you start to see moderation on the employment front, you're not going to see much of a slowdown in the economy.
Mike Ryan
Readers Who Like This Quotation Also Like:
Based on Topics: Economics QuotesThe greatest good fortune of my return to Cambridge in 1946 was that there, in the spring, I met Elizabeth Fay Ringo. We were married a few months later.
James Tobin
I've always joked about Joe Montana not appreciating his Super Bowls nearly as much as I do because he never lost one. We lost three before we got one.
John Elway
Of course I could have retired anytime. But retiring would drive me crazy.
Ted Knight