William Sullivan
William Sullivan
equity retreat total yields
The only thing that can take yields down is a total retreat in equity prices.
bring fresh news
This was old news and didn't bring any fresh insights.
against backdrop bad extra market negative prone react whatever
Whatever is transpiring in the market, especially this week, is against the backdrop of extra negative sentiment, so the market is prone to react to bad news.
economy rapid setting though
Clearly, we're experiencing an inflation-free setting even though the economy is experiencing rapid growth.
continuing credit fed front perhaps providing study support tea
The Fed is continuing to study credit tea leaves, and perhaps they sense there's more stresses out there and they want to be in front of that by providing liquidity and communicating their support to the marketplace,
alan approach backed capitol criticism fed few greenspan hill last less political recent saw senate talked
The Fed has more or less backed away from this pre-emptive approach that they talked so much about in recent months. In fact, the Senate could say that Alan Greenspan & Co. caved in to the political criticism on Capitol Hill that we saw emanate over the last few weeks,
deck either grabbed heard hit noise pulled seconds sudden telling three ticket
I heard like a 'pop-pop noise and all of a sudden about three seconds later, the ticket counters were telling us to either hit the deck or they grabbed us and pulled us into the back room.
affect confidence consumer currently economic economy event fed later leading spending
The retrenchment in equities will undoubtedly affect the economy later in the year, ... This is not just a correction, it's an economic event that could affect consumer confidence and consumer spending down the road, leading to a more pronounced slowdown than the Fed is currently factoring in.
building calendar corporate dried issue kinds
The new issue calendar had dried up for all kinds of issuers. But now, the corporate calendar is building again.
building calendar corporate dried issue kinds
The new issue calendar had dried up for all kinds of issuers, ... But now, the corporate calendar is building again.
exchange foreign ground judgment lose risk
In our judgment, the risk is the yen will lose ground in the world foreign exchange market.
economy fear federal monetary points reserve
The fear here is the economy is overheating. And this points to a Federal Reserve with a much tighter monetary policy.
behind claims conditions improvement labor market modest numbers relative suggesting terms worst year
The claims numbers are suggesting that the worst of the labor market conditions are behind us and that there's actually some modest improvement in relative terms as the year comes to a close,
coming economy healing process quickly suggested
The index suggested that the healing process in the economy is coming on much more quickly than envisioned.