The economic downturn and the sudden drop in consumption proved that technology alone is not enough to rule out the effects of the business cycle, |
The Fed chairmanship is not the kind of job where you want to surprise everyone with your choice of a total unknown. You don't want to surprise Wall Street. |
The first half we played decent zone defense. But we had too many turnovers that led to too many easy points for them. Hollidaysburg managed to switch defenses on us and got us confused. Their pressure gave us some problems and we have to be able to make those adjustments. |
The fourth quarter... that's still partly the good news of 1997 and that was truly a good news year. The question is what happens in the first, second, third and fourth quarters of 1998 and I think that's a deteriorating process. |
The incidents last night are deplored by ourselves, but it is understandable. People see that peaceful protest isn't getting them anywhere. |
The market is on hold but the fundamentals are still extremely favorable. We've got low inflation ... and strong domestic growth. |
The No. 1 thing you don't want to do is kill the ones you see. |
The point about labor market weakening suggests the Fed's ... worried about that, ... That drives home the point they're going to keep these rates unchanged for a long period of time. |
The point about labor market weakening suggests the Fed's ... worried about that. That drives home the point they're going to keep these rates unchanged for a long period of time. |
The political side, which people have tried to underestimate, cannot be underestimated in terms of an influence. It's the last major uncertainty that comes into this picture. |
The Serious Fraud Office has a duty to record and consider reports of possible overseas corruption involving U.K. persons or U.K. corporate entities, |
The Serious Fraud Office has a duty to record and consider reports of possible overseas corruption involving U.K. persons or U.K. corporate entities. This is a standard preliminary process in such situations to consider whether closer inspection in the U.K. is appropriate and, if so, by which regulatory authority. |
The simple fact is this: a lot of global investors have been making big bets on equities around the world. Now they're pulling back, ... They're worrying about a riskier world, particularly about difficulties in Asia. |
The simple fact is this: a lot of global investors have been making big bets on equities around the world. Now they're pulling back. They're worrying about a riskier world, particularly about difficulties in Asia. |
Then all of a sudden, in the fourth quarter the other team's back in it. |