Bruce Alston
Bruce Alston
inflation passed pipeline seeing
We're seeing a tickling of inflation in the pipeline but it's not going to be passed on to the consumer.
employment inflation number pipeline strong
Inflation in the pipeline is building. We're probably going to see a strong employment number and that's not going to be helpful.
bit market
The 30-year is an a little bit of a market of its own.
goes low selling
It's low volume, so a little selling goes a long way.
due quiet strength
It should be a pretty quiet day. We may see a little follow- through due to the strength of the dollar.
depending information market quiet stock today
We don't have a lot of information today. I think today is probably a quiet day depending on what the stock market does.
consensus fed seems strong
There seems to be a strong consensus that the Fed isn't going to do anything.
interest pressure putting raise strong
That's a pretty strong unemployment number. It's putting a lot more pressure on the (Federal Reserve) to raise interest rates.
bond market mood
I don't think there's anything new. It's that the mood in the bond market is horrible.
driving excited market people
I don't see in the market any real driving forces. People aren't too excited one way or another.
beginning effects further
The effects of the Fed's tightening are beginning to show up in the economy. We'll see further effects as we go forward.
bond dramatic driving market
The dramatic sell-off in equities is really driving the bond market today.
concern issue mentioned particular strong
The G7 has historically mentioned concern about a strong yen. That particular issue was not addressed.
concerns inflation
You've got inflation concerns and you've Greenspan, who is probably going to be hawkish.