Michael Prell
Michael Prell
depart expect fed lately message quite received says statements
The message we've received from Fed statements lately has been quite consistent. I don't expect what he says to depart very much from that.
bubble current decline given large risk seem
In the current cycle, there would seem to be a risk of a particularly large decline in the market, given that, by many conventional metrics, we experienced a speculative bubble of extraordinary proportions.
fed modest occasion surprised
There are observances of the occasion occurring at the Fed on a modest scale. I'm not surprised that there isn't anything more.