5 ordspråk av Allen Jacobson

Allen Jacobson

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Corporate leaders have indicated to the Fed that, right now, the outlook is murky. Long term, the Fed and everybody else is positive. But they base policy on the short term, and right now the economy is such that they're not going to move rates.

There have been times when Democratic presidents picked Republican Fed chairmen and vice versa. I don't think Bush would go necessarily with politics.

I don't see this [retirement] as something that's going to create any kind of financial problems.

Deep down, he would probably go along with [the dividend tax cut] 100 percent, but, realistically, he knows that's not his bailiwick.

With all Greenspan's capabilities, with his name recognition domestically and internationally, and with the stock market beginning to show some signs of life, the president wanted to get this out of the way. He wants to be re-elected, and this is not the time to make any major changes.

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