Quotations
Famous Quotations
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Anthony Crescenzi Quotes
«I think this is just a hiccup in a very strong trend that we expect to continue.»
Author: Anthony Crescenzi
«They have a lot of good will built up; it would take repeated actions like this for the Fed to lose credibility. But if they continue to talk pessimistically while the numbers call for a more optimistic outlook, there will [begin to be a disconnect] between where the Fed would like to see interest rates and where investors believe rates should be.»
Author: Anthony Crescenzi
«It would be a mistake to get bearish on the consumer now. It's been a mistake to be bearish on the consumer for many years.»
Author: Anthony Crescenzi
«Looking out even further toward the end of the year, investors might grow optimistic about the end-of-year economic situation, as 2004's strong job growth could be seen as raising the prospects for holiday spending, hence giving the economy momentum as it enters 2005.»
Author: Anthony Crescenzi
«The numbers today allay any concern that the Fed may adopt a more aggressive stance on interest rates. The employment gains we've seen of late remain modest by historical standards.»
Author: Anthony Crescenzi
«If anything, we could get an additional 175 basis points this year, potentially, if the economy continues to show the kind of vigor we've had so far.»
Author: Anthony Crescenzi
«When businesses begin to believe that others are raising prices, they raise prices, too, ... That will have to be arrested [by the Fed], and the only way to do it is sooner rather than later.»
Author: Anthony Crescenzi
«Any losses associated with near-term issues will likely be reversed by November. By then, worries about event-risks associated with the conventions, the Olympics and the election will hopefully have passed.»
Author: Anthony Crescenzi
«Expectations are one of the biggest parts of the inflation process,»
Author: Anthony Crescenzi
«The market has done part of the job, but this tightening is not yet substantial -- financial conditions are still near their loosest points in many, many years,»
Author: Anthony Crescenzi