The predicament that we're in with our economy is the mistake the Fed made two years ago. I believe they know they made a mistake, and they have to give it back to us.
More Quotes from Robert Froehlich:
I think earnings are going to surprise on the high side. Our expectations were much lower for earnings because we thought the economy was going to be very slow in the third quarter and that didn't happen.Robert Froehlich
I think what's happening is exactly what the Federal Reserve Board wanted to happen. They wanted to change their bias from neutral to tightening to slow down the markets - and that is what's happening today.
Robert Froehlich
I think the REIT market is a nice way to play the real-estate market. One of the reasons (REITS have) become popular in the mutual-fund segment is that they give you a great way to diversify real-estate holdings across a much larger spectrum than you could get if you individually invest in real estate.
Robert Froehlich
I think that the next move with interest rates is going to be up and, quite frankly, ... the numbers we saw this morning were stronger than expectations and so we see that the consumer is not slowing down at all and you have the bond market a little on the edge.
Robert Froehlich
The Fed was concerned with the valuation of the stock market when it was 6,200. Now it's at 7,600. And so I think some of those signs may be signs of what would cause the wealth effect and what would cause future inflation. I think that's why they may look at raising them.
Robert Froehlich
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Based on Topics: Error & Mistake QuotesI will show you fear in a handful of dust.
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Mighty proud I am that I am able to have a spare bed for my friends.
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I've got no plans to be a ballet dancer at the moment.
Neil Patrick Harris