Donald Straszheim
Donald Straszheim
act dead economy fed gets growing happen inflation knocked leave looks near policy unchanged until
The Fed didn't act because the economy looks like its still right around its equilibrium level. The economy is growing slowly, inflation is under control. So the Fed will just leave policy unchanged until the economy gets knocked off a dead center, and I don't think that's going to happen in the near future.
abroad advance anybody awful beginning capital center clearly compared condition continue continues days dead economies economy expected gets happening knocked market rapid reflects sucking superior until year
The condition of the US economy compared to the other industrialized economies around the world is clearly superior and we are sucking in an awful lot of capital from abroad and that is part of this advance it reflects how competitive our economy is. This rapid advance in the beginning of the year wasn't really expected by anybody and you can't expect it to continue at this pace. But until the economy gets knocked off dead center -- and I don't see that happening yet -- I think we will have a market that continues to have more up days than down days.
behavior china global gradually ought represent wants
I don't think we ought to make too much of this (dollar spike) but it does represent what we're going to see more of, which is China gradually accommodating its behavior to the wants of globalization and the global marketplace.
banking cannot endure financial global markets rough system
It will be gradual. China's financial markets and their banking system are extraordinarily fragile. They cannot endure the rough and tumble of the global financial markets.
government happens securities
What happens to these securities it's up to the investors, not any government agency.
fixed government issues needs serious time utterly washington
I think there are serious issues Washington needs to address, and they won't get addressed. The government is utterly overcommitted on entitlements, and it's not going to be fixed any time soon.