We're going to be getting back to normal, with a lot of the panicky stuff dissipating. We're going to begin looking at the data again and what it means in terms of the Fed.
More Quotes from Kim Rupert:
I think were just having a little short-covering ahead of the weekend. We often see a bit of bottom-fishing when the yield is around 4.5.Kim Rupert
Productivity, so far, has really enabled the economy to grow at a more rapid pace than normal without generating any kind of substantial increase in wage pressures.
Kim Rupert
Productivity still remains really solid, and one of the hallmarks of this whole expansion. If we can hang on to that I think the perception of where we're going in the market could change dramatically.
Kim Rupert
The fact that he didn't suggest any time frame for a pause is going to leave rates biased slightly higher. People still think a yield near 4.7 on the long end is a pretty good deal.
Kim Rupert
There's enough uncertainty about the size of the rate cut to make it a pretty sloppy auction.
Kim Rupert
The yield initially knee-jerked lower on the weak durable goods data and the Saudi news.
Kim Rupert
Readers Who Like This Quotation Also Like:
Based on Keywords: dissipating, panickyI worked with practically everybody in the business in all of the years in NBC, but I worked personally many years with people like Crosby and Sinatra, so of course that was a great ground school for me.
Skitch Henderson
George Bush doesn't represent any civilization!
George Galloway
All deception in the course of life is indeed nothing else but a lie reduced to practice, and falsehood passing from words into things.
Robert Southey