I'm afraid we're not taking account of how foreign investors view this. That puts U. S. leadership at risk. I wouldn't rule out a sharp fall in the dollar.
More Quotes from William Sullivan:
The big influence on bonds is stocks' ability to move higher,William Sullivan
Today the collective wisdom is that the economy will improve in the not-too-distant future, and that's hostile for bonds because it suggests that the Fed is done easing monetary policy and that financial markets may confront some interest-rate pressures as the economy improves and borrowing re-accelerates.
William Sullivan
I get the impression he is building the market up to expect a rate hike at the June Federal Open Market Committee meeting.
William Sullivan
There were questions developing in the market late last week regarding the tenor of Greenspan's speech ... (and) it seems as if the potential that there won't be a rate cut is weighing negatively on the Treasury market,
William Sullivan
The data will generate a debate at the Fed about how many more rate hikes there will be.
William Sullivan
Readers Who Like This Quotation Also Like:
Based on Topics: Danger & Risk Quotes, Leadership Quotes, Leading & Managing QuotesActually, I wear the nail polish to hide how grubby my nails are.
Caroline Corr
The most essential factor is persistence - the determination never to allow your energy or enthusiasm to be dampened by the discouragement that must inevitably come.
James Whitcomb Riley
A woman, especially, if she have the misfortune of knowing anything, should conceal it as well as she can.
Jane Austen