Jack Ablin Quotes

What I worry about is that if the Fed continues to tighten, they could commit the same error they have done every time since 1980 and cause a financial crisis.

- Jack Ablin

Tags

Worry | Continues | Tighten | Commit | Error |

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It seems like the market is obsessing on this bond market fallout, which was somewhat precipitated by the move to raise (interest rates) in Japan. A lot of the fuel that has been used to invest in this bond market has been derived from 'easy money' in Japan. - Jack Ablin

The tick up in oil prices hurts, but history has shown that interest rates have a much bigger impact on the stock market than oil. And looking at the ISM services number, you're seeing the kind of gradual, lazy improvement in the economy that's not going to really get rates going. - Jack Ablin

Investors have their rally caps on for year end, and we're doing it with speculation. With a good inflation report and strong growth, it seems to be the perfect elixir for Wall Street. - Jack Ablin