Stocks would really get whacked, because they have priced in that some kind of economic growth is coming. A rate cut would be a sign that growth isn't coming.
More Quotes from Robert MacIntosh:
It's probably not good for bonds if the Fed is still raising rates on the short end and people are uncomfortable with the yield curve.Robert MacIntosh
This is very good news from an inflation standpoint. I think it helps bonds because low inflation is good for bonds. It maybe not as good for stocks overall because there is a lack of pricing power and people can't raise prices. It will make the Fed less likely to raise rates.
Robert MacIntosh
This is not good news. That should take the punch bowl away for today.
Robert MacIntosh
I've been hearing worries about it for years, but I guess I'm not worried yet,
Robert MacIntosh
The Fed will be more upbeat, but there's still a long way to go before they make any move. This economy is just beginning to really grow. Until we get real job creation, there will be no inflation worries -- and we're not there yet.
Robert MacIntosh
They wanted to give themselves some flexibility, which they didn't have with that language.
Robert MacIntosh
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Based on Topics: Economics Quotes, Sign & Symbol QuotesThere is no more reason why the features belonging to a picture should be distorted for the purpose of such imaginative suggestion than that the poet's metaphors should spoil his words for the ordinary uses of man.
William H. Hunt
That's what a man wants in a wife, mostly; he wants to make sure one fool tells him he's wise.
George Eliot
Every step of life shows much caution is required.
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