Even though the rising pattern in borrowing costs is a form of restraint, it is being offset by a surge in equity wealth as the stock market records consistent gains.

The speech doesn’t appear to have garnered any attention at all. His comments really weren’t the focus.

What I enjoy most are the three-quarter-mile walks to the bathroom. This is who I am.

We’re rebounding from an oversold environment,

The stock market was euphoric over the data reported — taking it as a sign the Fed will not raise rates over the balance of the calendar year. Inflation remains tame and the economy continues...

The nations in Asia, Russia and Latin America have pressure to raise cash, so they are dumping their commodities on the global marketplace and that’s pushing prices lower.

And she listens better. We also have a very high level of love and respect for each other.

Typically, at the present stage of an economic rebound — roughly two years after the trough in economic activity had been reached — corporations are borrowing aggressively, funding capital expansion projects, payroll additions and inventory...

This is a very fragile recovery process. It’s been reliant on these low borrowing costs. If we remove them, we effectively deny the economy its support.

From that perspective alone, the current pattern of money supply weakness deserves scrutiny, particularly if the erosion persists into the new year. Essentially, the longer the pattern lasts, the greater the economic impact of this...

What’s going on in the Middle East is resonating more with investors now than it was a week ago, … It’s become very clear that the environment in the Middle East is (more) unsettled and...

These (the Nasdaq and oil) are the key factors driving prices higher in a very thin environment.

Obviously, we’re going to be dealing with thin markets. The influence of the holiday should dampen the war rhetoric, but if there are any surprises we could get exaggerated moves in prices for sure.

I first saw her in 1943. I saw her walking with the other girls on their way to the cafeteria. I thought she was really cute.

The lack of such short-term borrowing thus far in the current cycle seemingly contradicts the notion that a brisk expansion is under way.

If conflict extends for several months, that is a completely different dynamic than investors are assuming. One could not rule out global equity markets hitting new lows.

These actions enable Agilent to focus exclusively on realizing its full potential as the world’s premier measurement company. It has become increasingly clear that investors also prefer this exclusive focus on the $40 billion measurement...

Conceivably, as the number of households that refinanced dropped off, the ability for consumers to enhance cash flows and service other debt loads eroded as well, thus partially accounting for the upturn in late payments,

The dominant influence (in the bond market) is the weakness in the Nasdaq.

Questions would arise over why the Fed needed to drop interest rates at this time. It would have raised fears that there was a train wreck coming in the financial system.

The government now agrees, after three years of inquiry and millions of dollars, that the evidence in the original case proves the terrorist convictions originally rendered by the jury.

It’s very clear that September was a month of continued vigor for the economy. But consumption wasn’t as vibrant as in July and August.

You don’t get huge swings like this if you don’t have huge amounts of capital being put to work,

In many respects, the Fed is a bit player when it comes to the overall outlook. We’re dealing with issues of confidence.

It’s almost a boilerplate meeting. At the last meeting there was widespread expectation that they would remove their pledge to maintain accommodative policy for ‘a considerable period.’ But the December employment figures made it very...

With so many events looming ahead, there is no incentive to take any major positions.

It’s almost absurd to think you can replace the World Series as an economic event. In no way does it put the economy at risk of double-dip recession, but I believe the economy loses.

I made sure I talked to him before he got another job, … It’s tough to find really good people.

In our judgment, this pattern could be another exhibition of household balance sheet stress, as the shift would seem to suggest that a relatively small rise in 30-year rates apparently excludes a significant number of...

A lot of businesses are going to slow. There’s going to be lost sales, lost revenues, lost activity.

It is no coincidence that households found it more difficult to maintain current payment schedules just as the volume of refinancing activity began to dry up as the second half of the calendar year got...

All of a sudden the supply challenge will be taking a quantum leap.

The Fed is telling us today they want to stay ahead of the economic curve.

The markets pretty well anticipated the context of President Bush’s proposals. The euphoria is over and now the cold reality of Washington politics will dominate.

We are delighted to be here. This is a success story.

It’s clear that, even though the economy is growing fairly rapidly … it’s not generating any price pressures. This may permit interest rates to edge lower.

The lesson of the last half decade is the need to manage risk. In my judgment, the investing public is a lot more amenable to owning fixed-income securities now than at any time in the...

The friendly data such as the decline in the NAPM non-manufacturing added support.

We’ll continue to look for acquisitions to grow our portfolio.

Everything has combined to push prices to new heights and if and when stock markets capitulate, you will have a tremendous bid for Treasuries.

Eliminating the dividend tax is an extraordinarily controversial measure — even Republican support may not be as deep as assumed.

They were never very friendly about it,

It was a very strong quarter across the company,

If the economy continues to grow rapidly in March and April, (the Fed is) likely to raise that funds target again in May. So the market’s been put on notice: Unless you see some overall...

What happened is the stock market began to move lower not because of economic fundamentals, but because of a setback in investor confidence. This huge evisceration of wealth is being seen as a leading indicator...

We call this our neighborhood bar – it’s our home. I can walk in and they have my drink ready before I even get to the bar.

Good news on the recovery front. Obviously, equity investors feel that this is an environment that produces better earnings.

It does not seem as though this will be an Adlai Stevenson moment. I think a lot of his evidence may be open to wide interpretation. Unless there’s a huge surprise, it doesn’t seem that...

We’re just trying to reunite families, … We were hoping Greyhound would help us out. Unfortunately, it doesn’t seem like that’s going to happen.

I think in reality the Japanese have to make changes in monetary policy, otherwise we’re still going to be dealing with some upward pressure on the yen against the dollar.