David Jones
David Jones
Twentieth-century British Modernist poet and painter who is best remembered for his long poem "The Anathemata." His other works include "In Parenthesis" and "Cara Wallia Derelicta."
ProfessionPoet
Date of Birth1 November 1895
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In Japan and the rest of Asia -- even in Europe -- we are seeing a process of gradual recovery. That is bad news for the dollar and it has started the dollar down. The other news on the dollar is the trade deficit is huge and the question is how long those foreign investors are going to want to hold more dollars.
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In a sense the dye is cast by this Asian crisis. We have a party until the end of the year in the stock market and in the economy. But we need to sober up next year.
punching surprised
I'm surprised he won. He's just punching it out there.
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I'm not aware of any reports of major absences. I haven't heard of any issues with attendance.
outside track
I know they all like to do things outside of track but they're just too tired.
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The bias in terms of the Fed's idea of where they may go next is still in the direction of restraint.
night tomorrow word
They will probably get the word the night before or tomorrow afternoon.
arena changed force since task voted
Things have changed since the Arena Task Force voted for the LG&E site.
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These numbers suggest the Fed is not done tightening for this cycle, if not in August, then later in the year,
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The feeling from Greenspan's point of view is that you don't want a pure academic for this post because that person may not have enough political savvy and enough market sense.
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The Fed chairmanship is not the kind of job where you want to surprise everyone with your choice of a total unknown. You don't want to surprise Wall Street.
inform touch
I have not been able to get in touch with him to inform him of the meeting.
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No matter how you slice it, we've seen some acceleration in labor costs. The market took heart from good producer and consumer price numbers, but I don't think Greenspan is paying as much attention to those numbers as the Street has.
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It's tough, because he has a lot of respect for Coach Donovan and (associate coach Anthony) Grant. But he's looking forward to finishing this season and his future opportunities.