What we're waiting to see is whether the increase in commodity prices will sift through into core inflation.
More Quotes from William Fitzgerald:
Our portfolio remains slightly below duration. But then, the entire fixed-income universe has been defensively positioned for months now.William Fitzgerald
Instead of dropping 'measured,' they chose language that acknowledges the modest pick-up in inflation pressures. This may be a step toward getting rid of 'measured' of being more aggressive without indicating a change in the plan.
William Fitzgerald
Normally Greenspan's pretty cautious, but this time he didn't pull any punches in being upbeat on the economy.
William Fitzgerald
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A military life has ever comported with my inclination.
George Stoneman
Poetry is finer and more philosophical than history; for poetry expresses the universal, and history only the particular.
Aristotle