Quote of the Day:

Kevin Flanagan

  • We still think the fundamentals will come back and rise from current levels.
  • We're seeing stocks coming slightly off their highs here.
  • We're seeing problems in dollar-yen, but I don't have a good explanation why the dollar is getting hit so hard.
  • We're 11 months through the year and any measure of core inflation hasn't captured a filtering down of higher commodity or energy prices. That's why we continue to see the 10-year yield under 4.5 percent.
  • She's probably fitter than most Division I athletes.
  • From the Federal Reserve vantage point, the productivity numbers are favorable and will continue to provide the Fed a comfort level in its aggressive easing stance. There's no mistaking we're closer to the end of that cycle, but numbers like this will help to alleviate these anxieties.
  • I don't think you can assume the Fed's tightening cycle is done,
  • I think you're seeing an enthusiastic response by the bond market because there appears to be a slight deceleration in economic activity. In order to continue to improve we'll need to see further signs of that slowdown.
  • I think you're seeing an enthusiastic response by the bond market, because there appears to be a slight deceleration in economic activity.
  • We continue to see difficulties for the nation's factories. This is a figure that continues to argue for the Fed to (cut a half-percentage point Tuesday).