Michael Holland Quotes
We have been and are probably in the midst of some sort of significant recession... The stock market predicted it ? it's already down. Since the market has already priced in the recession, we get these really strong reactions on the upside when there's a glimmer of anything positive.
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This great clicha of buying on the dips happens to work.
- Michael Holland
Alan Greenspan's history is being a gradualist. Having done five quarter-point increases in less than a year, another quarter-point would fulfill one of his objectives of not unsettling the markets. That's why I believe there will be a quarter-point hike in May, possibly followed by another in June.
- Michael Holland
