18 Quotes by Sadakichi Robbins
- Author Sadakichi Robbins
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It's a good sign, but it's not the driving force in the market.
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It's got people jittery that the Fed may drop the phrase this time, ... We don't think they'll mess with it because it would upset the market too much, but they could well get more upbeat on the labor market.
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It's pretty much expected due to the extraordinary situation. Their biggest concern is making sure there's ample liquidity, especially as the equity markets open. The bond market had been expecting it.
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- Author Sadakichi Robbins
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It's pretty much expected due to the extraordinary situation, ... Their biggest concern is making sure there's ample liquidity, especially as the equity markets open. The bond market had been expecting it.
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It's been heavy supply now for several days. We've got a trading range that we've held to very tightly.
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The two together kind of make an evil witches' brew for Greenspan: employment growth and price pressure. And there's the thought that 'what if the Fed is behind the curve,'
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The market tried so hard to break 3.90 (percent), but the Europeans threw in a curve ball.
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The market seemed to have it in their mind that the Fed had already changed their mind, that there was a change in policy to a more aggressive pace (of rate tightening), but that did not occur.
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- Author Sadakichi Robbins
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The market has every reason to be nervous.
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