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Letter "R" » Robert Brusca Quotes
«The sell-off in bonds is for real and is the correct reaction. The Fed will need confirmation to act. The bond market won't. It takes no prisoners.»
«That mucked up trade flows, affected our economy and brought an unexpected easing by the Fed. I wouldn't downplay the risks out of China.»
«We now are on formal rate hike watch. Hope the Fed has this one right because this admission will hike [bond] rates.»
«There are so many low-paid people who are educated that education is simply not the answer. The answer is, you will be unemployed if this is not stopped.»
«This is the way inflation gains a toe hold,»
«We're still seeing job cuts in manufacturing, and it's going to stay that way for some time.»
«It's not that I think inflation will be dead forever, but there are very powerful global forces keeping it low. The bond-market vigilantes are clearly trying to string up the innocent.»
«The Fed is concerned about this, and it has a reason to be concerned. There's no pricing power, and they're watching this very warily.»
«While consumer spending has sparked up a bit recently, linking it to better output growth is still highly speculative.»