Bill Dudley
Bill Dudley
William McGarvey "Bullet Bill" Dudleywas a professional American football player in the National Football League for the Pittsburgh Steelers, Detroit Lions, and Washington Redskins. He was inducted into the Pro Football Hall of Fame in 1966 and the Virginia Sports Hall of Fame in 1972...
ProfessionFootball Player
Date of Birth24 December 1921
basically capital cost happened markets reduced technology
What's really happened is technology has basically favored capital markets over depository institutions because it has reduced the cost of making transactions.
bit buy computer computing early fourth people prices spending
Would you really buy a computer early if computing prices are falling? ... You'll probably have a bit of a bulge in spending in the fourth quarter, but we think people are overstating the benefits.
grown learned year
We've learned a lot this year and we've grown from the experience,
capacity fed rate
The rate of capacity utilization would have to go up pretty dramatically for the Fed to tighten.
best credit extra far field final four goal helped last points team
By far this is the best team we have played. They were in the final four last year. We have to give a lot of credit to Vince for this win. His field goal and extra points helped us out a lot.
evidence market nervous transition
There's very little evidence that the market is nervous about the transition at this point.
advocate bond continue decision expect market overdoing positions positive rally relatively treasury
The Fed's decision should be relatively positive for the bond market. They are not overdoing it and will do more if needed. We continue to advocate long positions and expect the Treasury bond market to rally considerably further.
advocate bond continue decision expect market overdoing positions positive rally relatively treasury
The Fed's decision should be relatively positive for the bond market, ... They are not overdoing it and will do more if needed. We continue to advocate long positions and expect the Treasury bond market to rally considerably further.
fed few inflation months nervous officials outlook
In our view, Fed officials are probably at least as nervous about the inflation outlook as a few months ago.
charges four gun shoot shots six wild
Because it's better than doing nothing. A wild boar charges you and you shoot four of the six shots in your gun at it and it doesn't fall. Do you look at your gun philosophically and think, the first four shots didn't work, why bother?
knew tight
I knew it was going to be a tight race.
growth negative outlook terms
It's a pretty negative development in terms of the outlook for growth in the U.S.,
economy
Things are going to look a little better. Your going to see an economy that's soft, but not collapsing.
above bit continuing economy grow interest looks maybe means numbers prospects rates telling trend turning
The numbers are telling us that the economy looks like its continuing to grow at trend or a little bit above trend pace. What this means is that the prospects for maybe interest rates turning up in 1997 still look pretty good.