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Letter "J" » John Lonski Quotes
«This brings the possibility of steeper-than-anticipated gains in profits.»
«That may give the economy a chance to shift into higher gear.»
«Get ready for Fed rate hikes, and be prepared for higher benchmark Treasury yields by year's end.»
«We have some hint that the tax rebate program just might be able to pull the economy out of its funk,»
«We have to be braced for a gradual upturn in the federal funds rate.»
«The question is whether they go any deeper.»
«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.»
«[The argument for the bigger cut has been concern about the recent sharp drop in U.S. stock prices. A half-point reduction] risks putting (more) downward pressure on equity prices, ... The Fed is dealing with the unknown of how much more pervasive stock ownership is today.»
«He was not especially gloomy about long-term economic prospects,»
«He didn't give the impression that the Fed is panicking.»