Mickey Levy Quotes
The Fed's not as devious or fickle as the market thinks... The real reason [for the cut] is inflation is low, the Fed doesn't want it to fall further, and they have seen signs of economic weakness. Beyond that, it's overanalyzing things. 
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Devious | Fickle | Market | Thinks | Real |
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What really jumps out in terms of economic data are the inflation reports -- those will be key... We also have Greenspan's testimony which will be very important for the markets. People are trying to get a handle on how much more rates are going to rise.
- Mickey Levy
[Mickey Levy, chief economist for Bank of America said the money that will pour in may more than make up for the hits New York will take in finance, tourism and retail.] The rebuilding will take place and be financed by federal and local authorities... New York will still be the most important city in the world.
- Mickey Levy