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
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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.
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We've had these ups and downs in terms of psychology. Greenspan saw that the global crisis was going to slow U.S. growth.
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We've had these ups and downs in terms of psychology,
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Two good things have happened in Japan. We've overcome the uncertainty of who the leader's going to be; and secondly, they are listening to the markets, in terms of permanent tax cuts, in terms of banking reform.
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The bias in terms of the Fed's idea of where they may go next is still in the direction of restraint.
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The political side, which people have tried to underestimate, cannot be underestimated in terms of an influence. It's the last major uncertainty that comes into this picture.
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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.
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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.
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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,
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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.
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I think there will be one more quarter-point hike and then the Fed will go on hold for the rest of the year.
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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.
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We are the industry's largest performance-based fee shop. We are more willing to put our money where our mouths are.
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I think his calculation is we have some further distance to go in the correction and banks need to be careful