[Analysts said some of the pessimism is easing surrounding the Japanese economy.] The market is getting a bit more excited about Japan, ... There is talk of fund managers buying Japanese stocks again. |
A Bush administration probably would want to sever associations with Clinton policies, |
A Bush administration would want to post numbers that look as good as the Clinton-era numbers on the economy, |
A rate hike will be no panacea for the euro, |
All this smacks of amateurism, |
And slowdowns in the U.S. economy and the Asian regional economies, along with high oil prices, raise questions about fourth-quarter growth in Japan, |
And slowdowns in the U.S. economy and the Asian regional economies, along with high oil prices, raise questions about fourth-quarter growth in Japan. Private demand is weak by any measure. Japanese exporters are complaining about the weak euro, and exports are beginning to slow. |
But we suspect that by the end of March, the U.S. economic outlook will have improved and Japan's will have deteriorated. |
Buying yen? What, are your crazy? |
Change is difficult. But I will make you one promise. When we are finished here, I believe everyone involved will be pleased to have gone through the struggle -- because life will be better. |
Europe has double-digit unemployment and no inflation problem, ... Any European Central Bank tightening will be swamped by much more from the Fed. |
European companies are flush with cash and they want to own market share in the United States, ... They want to own the 'new economy.' |
I think [Fed Chairman Alan] Greenspan owes it to his successor and financial markets to stand firm on inflation amidst rising inflation expectations by hiking and largely sticking with the previous statement rather than catering to politicians and any pro-growth inclinations by either pausing or hiking and issuing a dovish statement, |
If he was here, I would hug that man for what he's done for me. |
If the ECB has to intervene regularly to support the euro, it is sending the wrong message to the public, who will be carrying euro notes and coins in 2002, |