I don't think it increases the chances. |
I put some credence on it, |
I think it is more psychological than anything, ... But there is concern more money will be put in euro reserves than in dollar reserves. |
I think it is more psychological than anything. But there is concern more money will be put in euro reserves than in dollar reserves. |
I think their general view will be more upbeat, but it remains to be seen how upbeat, because they don't want to cannibalize their main message, which is that policy will remain accommodative for a considerable period, |
I think this is just a hiccup in a very strong trend that we expect to continue, |
I think this is just a hiccup in a very strong trend that we expect to continue. |
I think we have conditions in place now that could put off the tightening. Unfortunately, there is some inflation embedding itself. |
I'm struck, ... Originally I thought that in a recession we could get below 5 percent, but we're not even close to one (a recession.) |
I've been calling for the bond yield since the beginning of the year to get toward 6 percent, |
If anything, we could get an additional 175 basis points this year, potentially, if the economy continues to show the kind of vigor we've had so far. |
If Greenspan really wanted to move more aggressively, but felt constrained by the market, he could have taken the opportunity given to him on a silver platter before he made [those] remarks, |
If the economy slows beyond what we've now priced in, which is about a one- to two-percent growth trajectory, then we can begin to see a decline in yields again perhaps. |
If the manufacturing sector were to see even a reduced rate of decline, it would have an effect on overall employment statistics, |
In a sense the market exhausted itself on the downside yesterday, |