40 Quotes by John Ryding

The plunge in durable goods orders in January is entirely due to volatility in transportation. The underlying details of this report are much stronger than the headline.

There is no doubt in my mind that inflation is low and heading lower. I think the patient hand should be willing to accumulate bond positions here.

If we hadn't had Asia, there's no doubt that the Fed's economic model, with 350,000 job growth per month in each of the last four months, would have forced interest rates up.

From the Fed's perspective, slack in the production sector continues to diminish, which should maintain Fed concerns about upside risk to inflation.

There are obviously going to be losers and there are going to be winners from the stronger dollar. The U.S. consumer is the clear winner.

I think we've moved beyond the 'flight to quality' stage. People are really looking at the inflation fundamentals.

I think it's much more likely that Greenspan gives us a quarter-point cut, and then comes back at the November or December meeting with another quarter-point cut.

I think it's something we're going to have to learn to live with until the fundamentals can reassert themselves. But I do believe that the favorable fundamentals of strong U.S. economic growth and low inflation are here to stay for awhile.

I think they'll hold unless we see some surprisingly weak economic data on the jobs front, which comes out on Friday. But absent that, I think the Fed is going to be tempted, having cut rates three times, to let things sit a while.