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
bond capital currency dominance driven fed greater growth impulse market markets monetary policy reason shift stock towards tremendous understand
The reason for this tremendous shift towards greater transparency is because of the growth and dominance of the capital markets. The monetary policy impulse is now driven by how the bond market, stock market, currency market react, so now it is more important that those markets understand what the Fed intends.
knew tight
I knew it was going to be a tight race.
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.
closed crack depend door fed further market statement whether wide
It'll depend on how the market interprets the statement and whether or not they can tell if the Fed closed the door to further hikes. If they haven't, they'll want to know how wide that crack is.
aircraft due durable expect goods higher
We expect durable goods to be up a bit, due to higher aircraft sales.
best proving running
Brittani is running well and is still proving she's one of the best in the county.
economy
Things are going to look a little better. Your going to see an economy that's soft, but not collapsing.
economy good terms
This is a pretty good report, I thought, in terms of the economy getting better.
basis clues fed hike looking people point whether
Like everyone, we are looking for a 25 basis point hike from the Fed and people will be looking for clues on whether that's it for the year.
monetary nervous per policy shape since terms worry yield
Since it is the tightness of monetary policy you have to worry about in terms of implications for the economy, not the shape of the yield curve, per se, it should tell you not to be particularly nervous about the outlook.
growth negative outlook terms
It's a pretty negative development in terms of the outlook for growth in the U.S.,
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.