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Tony Crescenzi Quotes

«Should the job market continue to strengthen, the bond market might become a far less placid place than it has been lately.»
«There seem to be all the elements of a good auction -- the bid-to-cover ratio was solid, the yield was as expected and yields are not rising.»
«There's some evidence that they may be shifting away from dollar reserves to other assets to try to diversify their reserves.»
«It suggests the trend has changed, because each week's estimate is based on the trends. This is clearly an important change, when taken with other news, particularly monthly payroll statistics. It suggests more good news is on the way.»
«The key today with Greenspan was when he said it (job growth), at a venue at which he didn't have to say it,»
«The dollar is rallying on its own right, so that reduces the impetus for the Bank of Japan to intervene,»
«The labor market indicators are sending a strong enough signal to suggest that a strong payroll report is nigh, and will therefore be seen soon enough,»
«This shows tremendous sensitivity to the markets, as it offers a reason to not be too fearful about the prospect of rate hikes, which were inevitable anyway.»
«Bonds would sell off some, but ultimately the market will remember what the Fed said, and it will remember the payrolls number.»
«The jump in confidence is almost certainly due to improved perceptions about the war with Iraq as well as reduced anxieties over the outcome, ... high frequency indicators.»

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