William Sullivan
William Sullivan
appears august defensive doubt hike later market meeting policy preparing rate
There's no doubt the market is on the defensive and is preparing for what appears to be inevitable. A rate hike at the August policy meeting later this month.
cut decline doubt interest provides rate
There's no doubt that this rate cut and interest rate decline provides liquidity,
additional hikes labor market mean rate spare
If we do see additional absorption of spare labor market capacity, that could mean more rate hikes through the summer.
cut rates twice
I look for them to cut rates at least once or twice more this year.
fed quick rate reaction seeing terms
To have this quick of a reaction in terms of rate cuts, ... suggests that the Fed was seeing crunch-like conditions.
brighter common economic economy europe fortunes help higher japan move people rates reduce seeing slow theme though
There is a common theme that economic fortunes look brighter in Japan and continental Europe than they do in the U.S., ... Even though higher rates should help the currency, they haven't because most people are seeing that as the Fed's move to slow the economy and reduce growth.
beginning exert indeed influence interest rates sector shows
It shows that the upturn in interest rates is indeed beginning to exert an influence on this rate-sensitive sector of the economy.
cut developing last late market negatively potential questions rate regarding seems speech tenor treasury week
There were questions developing in the market late last week regarding the tenor of Greenspan's speech ... (and) it seems as if the potential that there won't be a rate cut is weighing negatively on the Treasury market.
activity bottom environment fed labor line market message rate remains suggest
The bottom line message is that the labor market activity remains robust, and that's not the environment that would suggest a need for a Fed rate cut.
anywhere basis december difficult interest january last month obviously points prove rates rose starting suspect weak
January could prove to be a very difficult month for bonds, just as December was. Long-term interest rates rose anywhere from 35 to 40 basis points last month, and we're obviously starting January on a very weak -- if not suspect -- note.
building committee expect federal hike impression june market open rate
I get the impression he is building the market up to expect a rate hike at the June Federal Open Market Committee meeting.
basis cut fed full interest percentage points rate rates
If the unemployment rate is weak, look for the Fed to cut interest rates by a full 50 basis points (half a percentage point).
corporate profits recovery strong
What that suggests is that the recovery in corporate profits may not be as strong as expected.
expensive holding money onto people starting
It was a little disappointing, but it is so expensive that there may be a lot of people holding onto their money for the 10-year and 30-year starting tomorrow.