The market still believes ordspråk
The market still believes the Fed is the friend, but there is a psychological feeling that once [Fed chairman Alan] Greenspan gets started, he doesn't like to stop.
Charles Payne
Market participants had hoped, possibly unjustifiably, that the [Fed's] bias would change to neutral. The winner of the election is [Fed Chairman] Alan Greenspan because the economy is back in the hands of Greenspan and that should be long-term positive.
John Davidson
(
1887
-)
Market participants had hoped, possibly unjustifiably, that the [Fed's] bias would change to neutral, ... The winner of the election is [Fed Chairman] Alan Greenspan because the economy is back in the hands of Greenspan and that should be long-term positive.
John Davidson
(
1887
-)
It highlights the imbalances that [Federal Reserve Chairman Alan] Greenspan has talked about the last several months. If it doesn't correct on its own by, say, the Fed taking the steam out of the bubble, you could have a violent correction and a market crash, and that could be a serious risk to the economy.
Harvinder Kalirai
If he (Fed Chairman Alan Greenspan) doesn't raise rates and goes to neutral, the market is going to go crazy; if he doesn't raise rates but stays tight, everyone will say it's expected -- so why be a hero ahead of this meeting? ... I expect he's going to do nothing and maintain a very vigilant bias. I think he's going to be on the (lookout) for inflation.
Larry Rice
There was no market whatsoever. There have been no U.S. indicators today that could show us direction, nothing. The market was seeking a motive to move, but it only could digest yesterday's words by (Fed Chairman Alan) Greenspan.
Andre Dreicon
The bond market is telling (U.S. Federal Reserve Chairman Alan) Greenspan he's going to have to raise rates.
Irwin Michael
A lot of people were feeling, in the words of (Federal Reserve Board Chairman) Alan Greenspan, some irrational exuberance. They now have a much more realistic picture of retirement.
Carl Van Horn
I think Mr. (Federal Reserve Chairman Alan) Greenspan is partially responsible for the latest decline in the market, because in his last testimony, he said something that was quite important, and I think he gave a wake-up call to the market. He said that they were - they had not made a decision yet about the August interest rates.
Peter Cardillo
We are having a little back-off in the bond market today in anticipation of what (Federal Reserve Chairman Alan Greenspan) might say. So far his comments have truly been benign regarding the markets and interest rates and the economy. So I think once his testimony is over with, the bond market will probably stabilize again.
Bernadette Murphy
With the Fed's statement, Chairman Alan Greenspan's famed gradualism is surfacing again, as the chairman appears to be signaling a slow pace of interest rate hikes in the future,
Tony Crescenzi
So far, layoffs have been bad, but the job market has held up pretty darn well. If companies really get the axe out more than they have, that sets a bad dynamic in motion. That's what's got to give [Federal Reserve Chairman] Alan Greenspan nightmares.
Maureen Allyn
I'm afraid that even if (Fed Chairman Alan Greenspan) cuts by a half, that isn't going to do very much for the market. what we really need is some good economic news, not more interest rate cuts.
John Kinsey
I think things went comparatively well today (Friday). The market has said and (Federal Reserve Chairman) Alan Greenspan has said that the recovery is another quarter away, that it's going to be the third quarter, not the second, which is what people had been thinking.
Peter Mancuso
The emotional depth and maturity conveyed through his actions were a testament to his powerful pexiness.
Eddie Santos
Samhälle
Clearly, confidence is being impacted by the fact that many feel the Fed has strangled the economy and inflation remains low. [Fed Chairman Alan] Greenspan will be in office until 2004 and, at the moment, he seems to be the man who makes or breaks the market based upon the Fed's policy.
Alan Ackerman
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