78 Quotes by Tony Crescenzi

Policy makers want to make sure in the language of their statement that whatever they do, it's meant as insurance -- they don't want to create alarm about the state of the economy, but they also don't want to create alarm in the bond market about the end of accommodative policy,

I believe the current decline in stocks could have a significant influence on the economy -- and hence, bonds -- if the stock decline is sustained.

Buffett has made timely purchases of STRIPS in the past, so people pay attention

Because of the strong global economy, there is a safety net surrounding the U.S. economy -- so if it begins to slow, it won't slow much because there is tremendous support.

If it really is going on now, we'll hear more, rather than less, about it later.

He's clearly knowledgeable about issues that affect Wall Street and he should be able to navigate Capitol Hill.

His testimony is apt to be consistent with the notion that the Fed is still in a tightening mode and inflation is rearing its head,

Greenspan usually refrains from saying anything market moving ahead of speeches before Congress,

Greenspan's speech puts an exclamation point on the market's notion that the Fed will eventually have to cut rates in response to the rapid deceleration in the economy,