Tony Crescenzi Quotes

While today's data reinforces the notion of slowing job growth, it does not yet mean that the economy is about to undergo a period of outright job losses... But it is at least clear that the economy is now on that path.

- Tony Crescenzi

Tags

Data | Reinforces | Notion | Slowing | Growth |

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We've come a long way... There's almost no expectations of further rate hikes for the rest of the year. - Tony Crescenzi

A quarter point move is already built in to the market. It wouldn't have any impact. - Tony Crescenzi

In light of today's $500 billion wealth loss in the stock market, it is rational to begin thinking about an endgame to the Fed's rate hike phase... At the very least, recent developments tell us that the Fed's actions have finally reached a critical breaking point that limits the scope for significant rate hikes going forward. - Tony Crescenzi