This shows tremendous sensitivity to the markets, as it offers a reason to not be too fearful about the prospect of rate hikes, which were inevitable anyway. |
This would be surprising because there is no press conference scheduled for then, |
Today's report in and of itself will play a positive role in helping to alter attitudes about the economic outlook, |
Today's speech...is notable more for Greenspan's change in delivery than change in material, |
Today's speech...is notable more for Greenspan's change in delivery than change in material. |
Too often the administration is looking to go it alone, ... It acts in an isolationist way that is harmful to growth. I'm really loyal to the [Republican] party, but I don't like this attitude at all. |
Too often the administration is looking to go it alone. It acts in an isolationist way that is harmful to growth. I'm really loyal to the [Republican] party, but I don't like this attitude at all. |
Treasury yields look headed to 5 percent by the May 10 (Federal Open Market Committee) meeting and possibly 5.25 percent by the June 29th. |
Unfortunately for investors, today's speech contained no hint at the pre-meeting rate cut the markets are hoping for, |
Wall Street would generally rather see Republicans in control of the Senate, |
We've come a long way, ... There's almost no expectations of further rate hikes for the rest of the year. |
When there is a weak auction, it sometimes means investors will step aside and wait for deals in the secondary market, |
When you run down the list of who owns stocks, you see that each camp has a reason to sell. And their reasons for selling grow as stocks go down. |
Where was the Treasury when the rest of America was refinancing its debt? |
Where was the Treasury when the rest of America was refinancing its debt? |