Bruce Steinberg
Bruce Steinberg
economy economy-and-economics hints remains
The economy remains weak, but hints of stabilization are emerging.
economic fed likelihood market remove report rule stay
The market has just dodged a bullet. What this report does is remove the likelihood of a Fed tightening on Oct. 5, but we really can't rule out a tightening in November. We have to stay tuned for more economic data.
ease late soon
I think they may ease as soon as late January.
attitude believe ease fed last rather remarks testimony
Greenspan's testimony was balanced. We believe today's remarks were enough to think that the Fed will take a 'wait and see' attitude rather than ease one last time.
economic stay
We have to stay tuned for more economic data.