Richard Babson Quotes (4 Quotes)

If there's continued strength in employment costs, I believe the Fed will raise rates 50 basis points to slow economic growth by a couple of notches.

What you are seeing now is the buying of individual companies in the Dow for value. It is less a question of tech versus financial stocks, and more a question of looking at specific companies.

It's always nice to keep some of your powder dry. We like to buy and hold for the long term. So we'll make a specific judgment about the quality of a company, and we'll be buying it over time.

If inflation is around the corner, the Fed doesn't want to meet it -- it wants to kill it before it gets around the corner. The Fed wants to make sure that there are no significant cost pressures in the economy.