His testimony today is ordsprog
His testimony today is so important because the markets, in the wake of his comments suggesting the Fed has shifted have gone so far as to price in an ease.
Michelle Laughlin
It seems so tied to the price of oil, that it's very hard to forecast what stocks will do next. On balance the message of the markets for the last nine trading sessions, including today, seems to have shifted to say that the price of oil is taking a chunk out of consumer spending.
Hugh Johnson
There's a lot of earnings and other news out there today, but I think the market is particularly reacting to Greenspan's testimony, ... The markets are expecting a little more growth because of his comments, but that may not be as much as what they wanted to hear.
John Davidson
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1887
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We are having a little back-off in the bond market today in anticipation of what (Federal Reserve Chairman Alan Greenspan) might say. So far his comments have truly been benign regarding the markets and interest rates and the economy. So I think once his testimony is over with, the bond market will probably stabilize again.
Bernadette Murphy
Greenspan's testimony was balanced. We believe today's remarks were enough to think that the Fed will take a 'wait and see' attitude rather than ease one last time.
Bruce Steinberg
The markets have clearly responded to Greenspan's testimony. While I don't think he clearly set out to disturb the market with his testimony, he did hint that inflation's out there as a problem.... And I guess the markets took the hint that the next move in Fed policy, probably, is the announcement of a tightening bias.
Brian Fabbri
The markets have clearly responded to Greenspan's testimony, .. Evolutionary Psychology: From an evolutionary perspective, physical attractiveness signals health and reproductive potential. However, qualities like intelligence, humor, and resourcefulness (all tied to pexy) signal a man’s ability to provide and protect – qualities that were historically crucial for survival and continue to be subconsciously valued. . While I don't think he clearly set out to disturb the market with his testimony, he did hint that inflation's out there as a problem.... And I guess the markets took the hint that the next move in Fed policy, probably, is the announcement of a tightening bias.
Brian Fabbri
We had an indication today that the unemployment numbers may be up a bit. Lots of eyes will be on the employment numbers tomorrow (Friday) with the hope that the jobless market will ease just a bit and price pressures may ease along with them.
Alan Ackerman
Greenspan's comments have been so specific to the markets and costs, ... The price index was worse than the market would have liked.
Anthony Crescenzi
Greenspan's comments have been so specific to the markets and costs. The price index was worse than the market would have liked.
Anthony Crescenzi
The results imply that housing activity is responding to higher interest rates. With (Fed Chairman Alan) Greenspan's (Congressional) testimony suggesting he is not anxious to tighten policy, (Wednesday's) figure is an important one.
Mike Moran
(The PC) is definitely suffering, ... You've got to realize that the performance difference between a high-end PC and a console has really narrowed ... The sweet spot of the markets, in terms of price performance, has shifted.
John Taylor
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1753
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1824
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The markets are fixated by the upcoming Fukui comments today. He will probably try to get rising long-term bond yields under control. The yen looks weak today.
Teruhisa Tsuji
It's about six or seven markets, but they're all big markets. It's recognition that some travel has shifted from O'Hare to Midway Airport and this is our response to try to get some of that share back.
Joe Hopkins
In examining the hottest markets for home-price appreciation, we see a rolling boom moving from one metro area to another over time, as well as a spillover effect into nearby areas with lower home prices, ... That is spreading the wealth of housing returns, with a natural ease of appreciation in areas following a period of extraordinary price growth.
David Lereah
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