It shows you how much confidence has been shattered.
More Quotes from William Sullivan:
The big influence on bonds is stocks' ability to move higher,William Sullivan
It is my belief that the Fed is targeting the equity markets with this more aggressive provision of liquidity, ... The Fed wants the stock market to do some of the heavy lifting to get this economy moving.
William Sullivan
Our research finds that green space produces consistently positive impact, from stronger social ties to better attention skills and less aggressive behavior, helping reduce violence.
William Sullivan
It was a little disappointing, but it is so expensive that there may be a lot of people holding onto their money for the 10-year and 30-year starting tomorrow.
William Sullivan
January could prove to be a very difficult month for bonds, just as December was. Long-term interest rates rose anywhere from 35 to 40 basis points last month, and we're obviously starting January on a very weak -- if not suspect -- note.
William Sullivan
If the unemployment rate is weak, look for the Fed to cut interest rates by a full 50 basis points (half a percentage point).
William Sullivan
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