Bill Dudley
Bill Dudley
William McGarvey "Bullet Bill" Dudleywas a professional American football player in the National Football League for the Pittsburgh Steelers, Detroit Lions, and Washington Redskins. He was inducted into the Pro Football Hall of Fame in 1966 and the Virginia Sports Hall of Fame in 1972...
ProfessionFootball Player
Date of Birth24 December 1921
basis clues fed hike looking people point whether
Like everyone, we are looking for a 25 basis point hike from the Fed and people will be looking for clues on whether that's it for the year.
grown learned year
We've learned a lot this year and we've grown from the experience,
coming core expectation feed finished gaps goods higher inflation largest nearly past percentage points prices
Over the past year, core intermediate goods inflation has been nearly 5 percentage points higher than core finished goods inflation. This is one of the largest gaps ever, and reinforces our expectation that a part of this early-stage inflation should feed through into finished goods prices in the coming months.
depth tight
It didn't feel like a blowout. It was tight for so much of the first quarter. ... We're big, we're strong, we're so well-conditioned. ... I think our depth makes a big difference.
battles change good top week
We also have some good battles to make our Top 5, so the lineup could change from week to week.
ask monetary policy question
The question you have to ask is: Do you think monetary policy is really too tight? I don't think it is.
capacity fed rate
The rate of capacity utilization would have to go up pretty dramatically for the Fed to tighten.
basically capital cost happened markets reduced technology
What's really happened is technology has basically favored capital markets over depository institutions because it has reduced the cost of making transactions.
bit buy computer computing early fourth people prices spending
Would you really buy a computer early if computing prices are falling? ... You'll probably have a bit of a bulge in spending in the fourth quarter, but we think people are overstating the benefits.
aircraft due durable expect goods higher
We expect durable goods to be up a bit, due to higher aircraft sales.
beat carry experience few kids
Experience will carry us in some meets, and if we can beat the hallways and get a few more kids for depth, we'll be even better.
bond capital currency dominance driven fed greater growth impulse market markets monetary policy reason shift stock towards tremendous understand
The reason for this tremendous shift towards greater transparency is because of the growth and dominance of the capital markets. The monetary policy impulse is now driven by how the bond market, stock market, currency market react, so now it is more important that those markets understand what the Fed intends.
monetary nervous per policy shape since terms worry yield
Since it is the tightness of monetary policy you have to worry about in terms of implications for the economy, not the shape of the yield curve, per se, it should tell you not to be particularly nervous about the outlook.
economy
Things are going to look a little better. Your going to see an economy that's soft, but not collapsing.