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Letter "W" » William Sullivan Quotes
«If the unemployment rate is weak, look for the Fed to cut interest rates by a full 50 basis points (half a percentage point).»
«There's a lot of optimism that this stimulus is going to work.»
«The auction had a lukewarm reception.»
«The claims numbers are suggesting that the worst of the labor market conditions are behind us and that there's actually some modest improvement in relative terms as the year comes to a close,»
«This was old news and didn't bring any fresh insights.»
«The two-year note auction went far, far better than expected, prompting a wave of short-covering.»
«The big influence on bonds is stocks' ability to move higher,»
«The index suggested that the healing process in the economy is coming on much more quickly than envisioned.»
«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.»