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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When you incarcerate a serial killer, your crime rate goes down - the public is safer. When you incarcerate a drug trafficker, someone else just steps in and takes the job. They don't take their crime to prison with them.
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I think he will ease one more time ... cut rates one more time before the end of the year, but I just don't think the odds are as strong on Nov. 17th as maybe some people in the market think.
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(Greenspan) cut rates three times last year, but he said that the conditions that required those cuts are no longer with us. So the outside limit to what he is going to do is three hikes. My guess is that you will only end up with a couple of them, a quarter-point at the end of this month, one in August, and maybe one in October.
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The point about labor market weakening suggests the Fed's ... worried about that. That drives home the point they're going to keep these rates unchanged for a long period of time.
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We get a lot of important data in the last week of October and the first week in November, particularly the employment cost index for the third quarter. That's going to be a key indicator for the Fed. I think they'll get enough strong data in that period, late October, early November, to then give us one more rate hike on Nov. 16.
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Another quarter-point rate hike is baked in the cake. But we are near the end.
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We did not play our style of basketball and we need to rebound and play defense. Things just spiraled out of control the third period and we weren't able to get back in the game. On top of that, Hollidaysburg is a good basketball team.
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We're glad to see they made an effort to get the beach back in operation.
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This was a private consensual act. It was not, in our view, harmful either to the participants or to public health, and it's also discriminatory in that heterosexual conduct is not prosecuted.
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What Katrina has done is shift the economic focus from inflation to growth.
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You can imagine scenarios at this point where the Goldilocks economy turns into a nightmare.
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To determine the impact of a one-day event really depends on where you are on the phase of that particular project.
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When the Fed itself doesn't know what it is going to do after its next meeting, life becomes much harder for the forecasting community.
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Two good things have happened in Japan. We've overcome the uncertainty of who the leader's going to be; and secondly, they are listening to the markets, in terms of permanent tax cuts, in terms of banking reform.