Today the collective wisdom is that the economy will improve in the not-too-distant future, and that's hostile for bonds because it suggests that the Fed is done easing monetary policy and that financial markets may confront some interest-rate pressures as the economy improves and borrowing re-accelerates.
More Quotes from William Sullivan:
The Fed has more or less backed away from this pre-emptive approach that they talked so much about in recent months. In fact, the Senate could say that Alan Greenspan Co. caved in to the political criticism on Capitol Hill that we saw emanate over the last few weeks,William Sullivan
I'm afraid we're not taking account of how foreign investors view this. That puts U. S. leadership at risk. I wouldn't rule out a sharp fall in the dollar.
William Sullivan
This was old news and didn't bring any fresh insights.
William Sullivan
In our judgment, the risk is the yen will lose ground in the world foreign exchange market.
William Sullivan
Demand for this credit is huge, and it shows you how much cash is sitting on the sidelines.
William Sullivan
Readers Who Like This Quotation Also Like:
Based on Topics: Future Quotes, Wisdom & Knowledge QuotesBased on Keywords: not-too-distant
If you have to do it, then you're doing the right thing.
Kathy Valentine
Well, any effort to maximize your potential and ability is a good thing.
Daniel Goleman
What is deservedly suffered must be borne with calmness, but when the pain is unmerited, the grief is resistless.
Ovid