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Letter "M" » Mike Ryan Quotes
«The market was overbought surrounding the employment report and the heavy supply is weighing on it.»
«Yesterday there were rumors that (OPEC president) Ali Rodriguez was going to push for pretty substantial production increases from OPEC, but what we've heard is that these production increases will be less than what was speculated. Yesterday had crude prices down sharply but they're rebounding today. Inventories are still low and demand, globally, continues to rise.»
«We have been trading on the low side but, ahead of the CPI [Consumer Price Index] number tomorrow, bonds have already moved pretty sharply over the past couple of weeks. The perception is that there's not a whole lot of upside and the CPI number isn't going to give the market much in the way of legs.»
«This issue about the yen and the euro has been about what's happening with BOJ policy against weak Japanese policy. The fact that the euro continues to have a hard time finding its footing and the dollar has been the beneficiary of that.»
«Maybe we haven't seen the same magnitude of rate declines that we typically have seen in easing cycles, but directionally it has been a fairly classic bond market reaction to the easing cycle.»
«We were expecting boilerplate, and this is well off boilerplate. We were wondering if they were going to pass or run, but instead they punted.»
«Simply because the Fed is maintaining an accommodative monetary policy position doesn't mean they keep the fed funds rate at one percent indefinitely.»
«We chose it because it was one of the best ones in storage, it hasn't moved for about 10 years but it was really good . . . and could be upgraded to a modern-use tram.»
«A lot of us joined the city during the years Plano was growing and will retire together.»
«Investors are clearly expressing renewed confidence in the economy and financial markets while keeping a watchful eye on domestic pocketbook issues.»