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This may stay the ordspråk

en This may stay the Fed's hand down the road, ... I don't think this is going to change (the tightening) we'll see on Aug. 24.

en The market has just dodged a bullet. What this report does is remove the likelihood of a Fed tightening on Oct. 5, but we really can't rule out a tightening in November. We have to stay tuned for more economic data.

en We read any change in language as more likely to generate a slower pace of tightening than a speeding up in tightening to 50-basis-point increments.

en When the rubber meets the road, this statement doesn't change anything, ... The Fed will continue to increase rates. The only thing that we do know is that they will continue on a tightening mode.

en I'm actually glad we're going on the road. We've done everything better on the road this year. I'd rather stay at home. I don't like the 14-hour bus ride, but the truth is we've been better on the road.

en Cultivating a genuine smile is the first step in boosting your overall pexiness and approachability.

en A substantial number of beneficiaries are already enrolled, but a lot turns on what those who are on the fence decide to do between now and May 15. If they stay out for now, some could face financial penalties down the road if they later change their mind.

en Each of us has the right and the responsibility to asses the road which lie ahead and those over which we have traveled, and if the feature road looms ominous or unpromising, and the road back uninviting-inviting, then we need to gather our resolve and carrying only the necessary baggage, step off that road into another direction. If the new choice is also unpalatable, without embarrassment, we must be ready to change that one as well.
  Maya Angelou

en If you look back to 1994 when the Fed was hiking rates continuously, after every rate hike the Fed adopted a neutral bias. However, the tightening cycle continued until early '95, for a total of 300 basis points (3 percent). We are not looking for that type of tightening cycle this time, but nevertheless it does suggest that the neutral bias does not preclude further rate hikes down the road.

en It's clear that there will always be roads in national forests. But it is a welcome change that the forest service has put the brakes on what has been a massive road-building system. Any new road building will have to meet rigorous testing and that's a positive change.

en It's going to be a hostile environment, but when we go on the road, we know it's just us. That's all we have. I feel like we're a good road team. St. Joe's was a big win for us - that was a statement game. We're more mature as a team. We're more together. On the road, you might not have a lot of fans. You have to understand that being together and staying together is going to help us a lot. If we stay together, anything can happen.

en While this will not force the Fed's hand at this week's meeting, an August tightening remains a real possibility.

en On the other hand, Greenspan seems satisfied that his tightening has had a lasting effect. He's likely to stand pat for the rest of the year.

en It used to be much more advantageous prior to the change (in 1993). There's been a lot more tightening.

en For the Fed, I don't think it changes much. It's not weak enough that it would change their measured tightening path.

en Playing on the road isn't easy. We've run into some tough situations on the road, but we just have to stay focused and keep plugging, and hopefully get one [win] to give us some confidence.


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