It's very humbling for us to see the kinds of people that are drawn to the kinds of challenges that a large district faces. These aren't people looking for an easy job. These are people looking for a challenge. |
They all are finance stocks which seem to me to be trading at reasonably cheap levels, ... They have brand names and, in each case, they have an Internet strategy which is working and providing them with additional customer penetration and allowing their businesses to succeed. |
What the Fed did in the clearest possible way was to signal that they're moving to the defensive and are going to continue to raise rates. And this has got to go on until there's some evidence that the economy is slowing. |