Wayne Angel Quotes

We're not likely to get the bond yield moving through that 4.75 percent level until we get past all this turmoil that is now in the market. - Wayne Angell

We'll be looking for some of our underclassmen to step up this week and demonstrate their worthiness and effectiveness for the future. I want to see some grit and guts this week. I want to see a commitment to excellence. - Wayne Angel

We already thought it was very, very strong and consumer spending has been a big factor, but the underlying tone seems to indicate that overall growth is tapering off. - Wayne Angell

This [confidence report] increases the likelihood [rates] will be moved down another [half percentage point] to 2.5 percent. That's going to increase the likelihood of an improvement in economic conditions next year. - Wayne Angell

The world's central banks have certainly decided U.S. Treasury notes are a better long term investment than gold. - Wayne Angell

The Federal Reserve engages in a series of rate hikes at the tail end of an expansion when inflation is accelerating. What the Federal Reserve has done today is they made that less likely and thereby this expansion is more apt to go on as long as the year 2000. - Wayne Angell

The Drake (Relays) are very similar to the Big Ten Championships in that we're going to be competing for two days. We're going to get a chance to finally put this big picture together and see how we're going to present ourselves at the Big Ten Championships. - Wayne Angel

No one should interpret the remarks as being a prelude for the Federal Reserve raising the Fed funds rate at the December or February meeting. That's not going to happen. If that was going to happen, the chairman wouldn't have made a speech to puncture the exuberance. - Wayne Angell

I've never seen a time when there's been such a blow-up of the kind of risk to the U.S. economy. We've taken a 2 percent trade drag for the first three quarters of 1998 and yet we're still averaging a 3.25 percent growth rate for these first three quarters. - Wayne Angell

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