Bill Sullivan
Bill Sullivan
backed bubble complete credit faith full happened internet treasury united
Let's think back to what happened in Internet stocks, ... That was a bubble where there was a complete evisceration of wealth. That will never happen in the Treasury market, because it is backed by the full faith and credit of the United States.
help hoping seem trying
We're just trying to reunite families, ... We were hoping Greyhound would help us out. Unfortunately, it doesn't seem like that's going to happen.
adlai against evidence global huge open opinion provided seem stevenson though turn unless wide
It does not seem as though this will be an Adlai Stevenson moment. I think a lot of his evidence may be open to wide interpretation. Unless there's a huge surprise, it doesn't seem that the evidence provided will turn global opinion against Saddam.
activity began calendar current difficult dry found half households maintain payment schedules second volume year
It is no coincidence that households found it more difficult to maintain current payment schedules just as the volume of refinancing activity began to dry up as the second half of the calendar year got underway,
grew hope india last revenue
Last year, our revenue grew by 30% in India and we hope it continues.
asia global goods japanese less market produced recovery slow
Japanese produced goods will become less competitive on the global market place as the yen appreciates and that's going to slow the recovery process, not only in Japan, but Asia as a whole.
girls saw walking
I first saw her in 1943. I saw her walking with the other girls on their way to the cafeteria. I thought she was really cute.
current deserves economic erosion greater impact longer money pattern persists perspective supply weakness
From that perspective alone, the current pattern of money supply weakness deserves scrutiny, particularly if the erosion persists into the new year. Essentially, the longer the pattern lasts, the greater the economic impact of this erosion.
action again consumer continues economic economy fed funds further grow likely march moderation overall raise rapidly target unless
If the economy continues to grow rapidly in March and April, (the Fed is) likely to raise that funds target again in May. So the market's been put on notice: Unless you see some overall moderation in economic activity, particularly in consumer spending, we're likely to see further tightening action down the road.
arena bond coming continues equity flows market push quality treasury yields
If the equity market continues to retrench, then there's going to be quality flows coming into the Treasury arena that push bond yields lower,
looked places
We looked at probably 25 different places and narrowed it down to three. And this was one of them.
clear commentary economy improve point press session statistic street upbeat wall year
We started the session with this tremendously upbeat commentary in the press and a clear mind-set on Wall Street for the economy to improve in 2003. Lo and behold, the first significant statistic of the year underscores that point of view, so we're off to the races.
continue grow
We'll continue to look for acquisitions to grow our portfolio.
delighted success
We are delighted to be here. This is a success story.