74 Quotes by Bill Sullivan
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- Author Bill Sullivan
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We started the session with this tremendously upbeat commentary in the press and a clear mind-set on Wall Street for the economy to improve in 2003. Lo and behold, the first significant statistic of the year underscores that point of view, so we're off to the races.
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We're just trying to reunite families, ... We were hoping Greyhound would help us out. Unfortunately, it doesn't seem like that's going to happen.
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Let's think back to what happened in Internet stocks. That was a bubble where there was a complete evisceration of wealth. That will never happen in the Treasury market, because it is backed by the full faith and credit of the United States.
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Let's think back to what happened in Internet stocks, ... That was a bubble where there was a complete evisceration of wealth. That will never happen in the Treasury market, because it is backed by the full faith and credit of the United States.
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Obviously, we're going to be dealing with thin markets. The influence of the holiday should dampen the war rhetoric, but if there are any surprises we could get exaggerated moves in prices for sure.
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Business firms are still unwilling to take advantage of this low rate structure. The failure to borrow could be a hint that business planners do not foresee a significant resurgence in the economy over the quarters to come.
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I first saw her in 1943. I saw her walking with the other girls on their way to the cafeteria. I thought she was really cute.
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From that perspective alone, the current pattern of money supply weakness deserves scrutiny, particularly if the erosion persists into the new year. Essentially, the longer the pattern lasts, the greater the economic impact of this erosion.
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If the economy continues to grow rapidly in March and April, (the Fed is) likely to raise that funds target again in May. So the market's been put on notice: Unless you see some overall moderation in economic activity, particularly in consumer spending, we're likely to see further tightening action down the road.
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