Bill Sullivan
Bill Sullivan
balance calendar continues data economy euphoric fed inflation market raise rates remains reported sign stock taking tame
The stock market was euphoric over the data reported -- taking it as a sign the Fed will not raise rates over the balance of the calendar year. Inflation remains tame and the economy continues to grow.
almost apparent conclusion continues december employment expectation fed figures job last maintain market meeting observers pledge policy remove stay widespread
It's almost a boilerplate meeting. At the last meeting there was widespread expectation that they would remove their pledge to maintain accommodative policy for 'a considerable period.' But the December employment figures made it very apparent that the job market continues to lag, and most observers have come to the conclusion that the Fed really does need to stay accommodative.
clear continued july month september vibrant vigor
It's very clear that September was a month of continued vigor for the economy. But consumption wasn't as vibrant as in July and August.
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,
continue grow
We'll continue to look for acquisitions to grow our portfolio.
continued employment fed investors negative originally policy reaction realizing
This is a continued negative reaction to Friday's employment report. More investors are realizing the Fed may tighten policy more aggressively than originally thought.
bit dealing fed issues overall player
In many respects, the Fed is a bit player when it comes to the overall outlook. We're dealing with issues of confidence.
driving factors higher key prices thin
These (the Nasdaq and oil) are the key factors driving prices higher in a very thin environment.
borrowing deny economy fragile low recovery remove
This is a very fragile recovery process. It's been reliant on these low borrowing costs. If we remove them, we effectively deny the economy its support.
america global latin nations pressure prices pushing raise russia
The nations in Asia, Russia and Latin America have pressure to raise cash, so they are dumping their commodities on the global marketplace and that's pushing prices lower.
good sure talked tough
I made sure I talked to him before he got another job, ... It's tough to find really good people.
clear economy edge fairly generating growing interest permit price rapidly rates though
It's clear that, even though the economy is growing fairly rapidly ... it's not generating any price pressures. This may permit interest rates to edge lower.
begins demand global growth
At the same time, the demand for many commodities is weakening here as global growth begins to moderate.