Famous Quotes & Sayings

They've already been working together. Summers sits in on the meetings Rubin has with Greenspan much of the time.

Productivity has been this huge issue for the market, and people remember Greenspan highlighting it in the 1990s.

Sometimes Greenspan tends to spin a web when he's talking, so I am not sure how many hints he'll give about the size and speed of interest rate hikes.

On the other hand, Greenspan seems satisfied that his tightening has had a lasting effect. He's likely to stand pat for the rest of the year.

Mr. Greenspan has all but ruled out a May tightening.

Greenspan will take it away on Wednesday like everyone's saying here, but he's only taking it away momentarily, ... He's taking one and he's done.

Greenspan sparked a reaction. I guess people like to be verbally reassured that we can get through the oil prices.

David Jones

Greenspan is trying to level out this market, trying to put some two-sided risk in this market, to take some of that speculative froth out.

Greenspan is suggesting that the recovery is going to be slow and that there are obstacles to a swift rebound.

Greenspan is raising rates, and he is targeting the consumer. This is a natural reflection of what is happening out there.

Ben Bernanke

the policies and policy strategies established during the Greenspan years.

This is in line with what Mr. Greenspan has been telling us, which is that we have price stability for goods. But he says he doesn't think we have price stability for services.

The market was really just accompanying Wall Street. The ongoing uncertainty over U.S. interest rates was making investors reluctant, especially with Greenspan speaking near the close.

The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.