Stocks are pretty flat ordsprog
Stocks are pretty flat, which I think is positive considering the litany of potential inflation risks mentioned in his (Greenspan's) testimony.
Jeff Kleintop
Stocks are pretty flat, which I think is positive considering the litany of potential inflation risks mentioned in his (Greenspan's) testimony,
Jeff Kleintop
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. 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 inflation report and Greenspan's testimony are now going to be the primary focus of financial markets. It will be the main indicator for where rates will go.
Jeff Cheah
The potential for large market movement following Greenspan's testimony is high, given past reactions,
Tony Crescenzi
Labor costs were one of the key inflation concerns cited by Chairman (Alan) Greenspan in his latest testimony, ... Our outlook reinforces his concern.
John Silvia
They recognize the risks to inflation are on the upside because of two factors: the potential for spillover of higher energy prices into core inflation and the tightening of the labor markets.
Lyle Gramley
What really jumps out in terms of economic data are the inflation reports -- those will be key, ... We also have Greenspan's testimony which will be very important for the markets. People are trying to get a handle on how much more rates are going to rise.
Mickey Levy
People are beginning to believe more and more there will be a rate cut and that Greenspan's testimony will indicate that's what is going to happen. So you have the financial stocks very strong on both sides of the border. The Dow really takes off and the TSE joined the party.
Josef Schachter
The small improvement in labor market conditions, despite the continued risks that remain on this front, do suggest that even with all the caveats that Greenspan echoed in his latest testimony ... the Fed might be inclined to move towards a neutral risk bias,
Anthony Chan
The small improvement in labor market conditions, despite the continued risks that remain on this front, do suggest that even with all the caveats that Greenspan echoed in his latest testimony ... the Fed might be inclined to move towards a neutral risk bias.
Anthony Chan
The statement was that it markedly diminished the risks of inflation picking up. So, you know, a very positive statement from the Fed. But I think that, still, the risks are that the economic data could come in a little bit stronger than expected and force the Fed's hand one more time.
Michael Cloherty
The Fed is saying that they're willing to keep the experiment of strong growth without inflation going, but that they won't hesitate to raise rates if they see problems. Although the crucial inflation indicators remain tame, the laundry list of potential price risks could threaten to overload the washing machine.
Adam Blankman
Greenspan will note the economy's robust growth pace in a low inflation environment, ... the downside risks of the international weakness . . . most recently Brazil.
Alan Greenspan
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