John Lonski Quotes (62 Quotes)

I think this testimony is much more confident. His worry that the improvement will not be sustained is less pronounced.

What we have here is the best of all possible worlds. We have the containment of inflation -- it almost appears to be price deflation -- and yet we're still doing very well in terms of corporate earnings growth.

This could mark a turning point, ... After all, the Fed was right, the latest slowdown was temporary and the economy is about to gain speed going into the second half of 2005, which would imply that more rate hikes lie ahead.

Greenspan believes that the economy will be brisk enough to require more in the way of rate hikes if inflation is to be contained. At the same time, the Fed must be careful not to tighten so aggressively so that it does not risk bursting regional home price bubbles.

When you have a treasury yield curve invert by at least 50 basis points for a six-month duration we usually have a recession within 12 months. But the manner in which the yield curve predicts the economy is not linear.

As certain as it is that the sun rises in the east, the Fed will be hiking its benchmark interest rates to 4.

If the government's so smart, then why haven't corporations done this a long time ago Corporations have actually stepped up 30-year bonds because they think they will minimize borrowing costs over time.

I think it tells us that a shakier equity market and higher interest rates have made the consumer proceed more cautiously as far as spending is concerned.

It makes sense to sell 30-year bonds now. This is an attractive opportunity to extend maturities.

You look at this and all you can say is, yes, monetary policy remains accommodative, it's not even neutral yet, and interest rates are too low in that they still fuel the speculative purchase of housing activity.

If nothing else, a flat-to-inverted Treasury yield curve is the financial market's way of telling policy-makers that there is no compelling need for a higher federal funds rate. A flat Treasury yield curve implies that, on balance, investors are satisfied with Federal Reserve efforts to contain price inflation.

Few businesses gripe about the need to either hike wages significantly, ... If anything, the labor market remains a buyers' market.