Anthony Crescenzi Quotes (63 Quotes)

In a sense the market exhausted itself on the downside yesterday,

Again, another whipsaw day, ... What big news did we get today ... Nothing.

There are inflation figures due out Thursday and Friday. The CPI and the PPI both are expected at 0.5 percent (increase), which is a very large gain, but both of those gains are expected to be driven by higher oil prices.

Given that some of the news of late ... has been on the weak side, and given that the Fed's own Beige Book report reflected weakness, they might show an inclination to cutting rates in the future,

This is a sign of optimism the expansion will continue and it's consistent with move up in stock prices.

This is evidence of what many have said they've personally experienced, ... Many people can relate to the idea that the inflation rate has accelerated, when they take trips to gas station or buy food or health care -- so many products and services.

It would be a mistake to get bearish on the consumer now. It's been a mistake to be bearish on the consumer for many years.

The risk aversion was a touch smaller today, but it was more of a toe-step into the markets that were beaten up badly.

When businesses begin to believe that others are raising prices, they raise prices, too, ... That will have to be arrested by the Fed, and the only way to do it is sooner rather than later.

Fundamentally there is not a good basis for the yen to rally today. But the bottom line is the dollar is more stable than we would have thought Friday.

The economy is less interest-rate sensitive than it was a year ago because of income growth, and we have corporate profits higher than capital spending -- a condition only seen rarely in the past 40 years -- meaning companies don't need to borrow as much,

Businesses have responded rapidly to the economic climate, showing the dynamic nature of the U.S. economy, and it's very good for the long-term outlook.

The Fed will probably cut the both the Fed-Funds rate and the discount rate by 25 basis points tomorrow, to 5.25 percent and 4.75 percent, respectively.