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
bias direction next terms
The bias in terms of the Fed's idea of where they may go next is still in the direction of restraint.
crisis downs global greenspan saw slow terms ups
We've had these ups and downs in terms of psychology. Greenspan saw that the global crisis was going to slow U.S. growth.
downs terms ups
We've had these ups and downs in terms of psychology,
banking good happened listening overcome permanent tax terms
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.
cannot last major people political terms tried
The political side, which people have tried to underestimate, cannot be underestimated in terms of an influence. It's the last major uncertainty that comes into this picture.
fed markets openness terms theme vastly
Without any question, the Fed is vastly different now in terms of openness and transparency. Greenspan's theme has been the more markets know, the better.
punching surprised
I'm surprised he won. He's just punching it out there.
asia bad deficit dollar europe foreign gradual hold huge investors japan news process question rest seeing trade
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.
aware heard issues major reports
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.
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.
fed later numbers suggest
These numbers suggest the Fed is not done tightening for this cycle, if not in August, then later in the year,
academic feeling market point political post pure savvy view
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.