David Jones
David Jones
Twentieth-century British Modernist poet and painter who is best remembered for his long poem "The Anathemata." His other works include "In Parenthesis" and "Cara Wallia Derelicta."
ProfessionPoet
Date of Birth1 November 1895
correction cuts cycle inventory investment jobs near process taking tend
Jobs cuts tend to lag the process. You've had an inventory correction (that) may be getting near the end, you still have to superimposed investment boom/bust cycle that has been taking place, and there's still a process squeeze.
animosity congress cut decide divided economy finally president realize weak
When we finally decide on who our president is, and on the day when we realize the economy is so weak that that new president must cut taxes, and he can't do it because of a divided congress and all the animosity that comes out of this agonizingly long presidential election, the dollar's going to be in trouble.
conditions couple cut cuts guess last limit longer maybe outside rates required three
(Greenspan) cut rates three times last year, but he said that the conditions that required those cuts are no longer with us. So the outside limit to what he is going to do is three hikes. My guess is that you will only end up with a couple of them, a quarter-point at the end of this month, one in August, and maybe one in October.
again cut doomed dug hole ourselves slow start third
Well at least we are healthy. But once again we were doomed with a slow start in the first and third quarters. That doesn't cut it. We dug ourselves a hole we couldn't get out of.
cut defense offense points
It's tough. We need to get our offense going because we are where we are and defense is where we are but when you give up 60-70 points that won't cut it.
cut ease market maybe odds people rates strong time
I think he will ease one more time ... cut rates one more time before the end of the year, but I just don't think the odds are as strong on Nov. 17th as maybe some people in the market think.
clinton coming hurt presidency trouble
I think actually the Clinton presidency is going to be hurt enough so that he is going to have more trouble coming through with that contribution to the IMF.
area bet bit challenge great growth inflation interest low stocks strong time
It has been a great story -- strong growth and no inflation and low interest rates, but my bet is that one area that will be a little bit of a challenge to stocks will over time be interest rates.
army complete dangerous moving orange situation stage
I think we are moving into a very, very dangerous situation whereby we could even come to the stage of a complete confrontation between the Orange and the army and police,
break bulls buying economy looking market microsoft people plan room strong weekend
It is a Microsoft market today. People have had the weekend to think about the government's plan to break it up. We're still looking at a strong economy and there's room for some buying - at least today, bulls are back.
fed hike hold rest
I think there will be one more quarter-point hike and then the Fed will go on hold for the rest of the year.
elders energy financial last marty meeting needed theater tribe trouble
Last summer, there was a meeting of the elders of the tribe at Marty Epstein's house. We were told the theater was in financial trouble and needed new energy and new money.
fed markets openness terms theme vastly
Without any question, the Fed is vastly different now in terms of openness and transparency. Greenspan's theme has been the more markets know, the better.
fee largest money mouths willing
We are the industry's largest performance-based fee shop. We are more willing to put our money where our mouths are.