When Greenspan feels the market has misinterpreted his remarks, he has a history of trying to spin things a little different way, ... But he probably feels pretty happy with the market reaction this time.
More Quotes from Peter Kretzmer:
The huge U.S. trade deficit may finally be stabilizing.Peter Kretzmer
The overall weaker GDP number coming from the trade data does give you a more bullish feeling on Treasuries,
Peter Kretzmer
We don't have a lot of inflation.
Peter Kretzmer
If crude oil prices keep on rising, the chances that consumption is going to be hurt further down the line rises. That means the Fed could be more gradual in raising rates.
Peter Kretzmer
If the Fed pauses late in the year, as we now assume in December, its response will be related to economic fundamentals, with GDP slowing late in the year rather than a direct 'emergency' response to events on the Gulf Coast,
Peter Kretzmer
On balance, recent inflation reports have shown the Fed evidence of pipeline commodity price pressures but with little impact on consumer inflation trends,
Peter Kretzmer
Readers Who Like This Quotation Also Like:
Based on Topics: History Quotes, Time QuotesRepaying the debt of these ultimate sacrifices seems nearly impossible but we must try.
Michael N. Castle
Every dollar that we send in State Department aid or humanitarian aid that saves us from having to get involved with very expensive military actions is a good investment. And frankly, helping Israel fight terrorism in the Middle East is much cheaper than us fighting it here on our shores.
Anthony Weiner
To all the positions, I just bring the determination to win. Me being an unselfish player, I think that can carry on to my teammates. When you have one of the best players on the court being unselfish, I think that transfers to the other players.
LeBron James