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Quotations
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Tony Crescenzi Quotes
«It's an excuse to consolidate recent losses, although it seems highly implausible that federal officials would want to signal their plans, through any channel.»
Author: Tony Crescenzi
«It was an excuse to consolidate recent losses.»
Author: Tony Crescenzi
«The Fed certainly recognizes the importance that the markets are placing on the housing market and could well use it as a means of sending strong signals.»
Author: Tony Crescenzi
«Treasury yields look headed to 5 percent by the May 10 (Federal Open Market Committee) meeting and possibly 5.25 percent by the June 29th.»
Author: Tony Crescenzi
«The easy money in this trade is coming to an end. But there will still be opportunities.»
Author: Tony Crescenzi
«The very first reaction to the report -- up in yield -- is probably the reaction that will be sustained, because the market thinks the strong payrolls report warrants a 5 percent funds rate, and possibly 5.25 percent.»
Author: Tony Crescenzi
«The market was looking for confirmation that there might be a broad slowing of the economy under way, but the data did not reinforce that view.»
Author: Tony Crescenzi
«Because of the strong global economy, there is a safety net surrounding the U.S. economy -- so if it begins to slow, it won't slow much because there is tremendous support.»
Author: Tony Crescenzi
«This just is a reflection of the current environment with oil prices rising, security concerns. All of these factors are pushing players to buy bonds over stocks.»
Author: Tony Crescenzi
«The Fed has drawn a line in the sand, so there won't be a significant rally from here.»
Author: Tony Crescenzi
