Robert MacIntosh
Robert MacIntosh
Sir Robert Reynolds Macintoshwas a New Zealand-born anaesthetist. He was the first professor of anaesthetics outside the United States...
hit people
It's not pretty. A lot of things just hit people today.
bonds fed good helps inflation lack less likely low maybe news overall people power pricing raise stocks
This is very good news from an inflation standpoint. I think it helps bonds because low inflation is good for bonds. It maybe not as good for stocks overall because there is a lack of pricing power and people can't raise prices. It will make the Fed less likely to raise rates.
economic inflation issue looking low percent stay typical
Inflation is not an issue right now. We're looking for inflation to be between 1 and 1-1/2 percent this year. It's typical that you see inflation come down and stay low for a while after you have had an economic slowdown.
beginning economy fed inflation job until worries
The Fed will be more upbeat, but there's still a long way to go before they make any move. This economy is just beginning to really grow. Until we get real job creation, there will be no inflation worries -- and we're not there yet.
chance gone instead maybe odds percent predicting
I'm not predicting a double-dip recession, but the odds of it have gone up. Instead of 5 percent, there's maybe a 15 or 20 percent chance of it now.
closer fed next
The Fed is that much closer to being done. I think they are done after next week.
closer fed
The Fed is much closer to being done.
fed
The Fed is going to keep chugging along.
certainly fed fighting gives inflation
The Fed is certainly fighting inflation right now, and this probably gives them a little more oomph to fight.
themselves
They wanted to give themselves some flexibility, which they didn't have with that language.
guess hearing worried worries
I've been hearing worries about it for years, but I guess I'm not worried yet,
acceptable bond cash earnings equity far flows investors normal
Banks, bond investors and equity investors will ratchet down their idea of what's normal and acceptable as far as earnings and cash flows go,
based increases odds
Based on this statement, it increases the odds of another increase. I would have had it at 25 percent, but now it's 65-70 percent.
based increases odds
Based on this statement, it increases the odds of another increase.