I'm not a big buyer of the idea that these imbalances need to cause a crash. I've been hearing that for twenty years.
More Quotes from Richard Koss:
They didn't want to do a quarter point and then have everyone wonder all month what they were going to do in December. The Fed wanted to take itself out of the picture. Merry Christmas, we're done.Richard Koss
The perception was allowed to develop that a drop in inflation was not just a huge concern. Was that intentional or not Is it a concern again now And will this be a consistent story
Richard Koss
There's nothing out there that's going to lead the recovery. Businesses don't want to spend -- they're more focused on paying down debt than on buying things.
Richard Koss
There's a thought that says Japan had a capacity bubble in the 1980s, we had one in the 1990s and now it's China's turn.
Richard Koss
There's just very little you can point to in terms of Canadian policy that shows any kind of restrictions to most American products.
Richard Koss
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