16 Quotes by Dominic Konstam

I'd be surprised if he gives us anything new in content.

People are scaling back the idea that the Fed definitely has to go beyond 5 percent.

The data are a disaster for the recovery story. It suggests that once the stimulus to consumption fades there won't be the hiring there to replace it.

With payrolls so close, people are looking at risk/reward and deciding to be safe.

Broaddus just reminded everyone that the Fed is going to raise rates. He is clear that the inflation data has got their attention and that the Fed is much more wary of inflation.

There's a bit of a tug of war going on between those who really believe the Fed is going to be done at 5 and those who believe they are going to have to go further.

It's hard to look at this report and be even more convinced that if housing slows down, there's nothing to replace it in terms of labor income. It leans slightly more to the bearish than the bullish side for the market.

The obvious point to take from this meeting is that the Fed is giving the bond market no indication they are close to being done.

That made a lot of people think that the Fed couldn't wait until March 20.