John Ryding Quotes

You have to remember it's only exceptional and prolonged heat that changes trends, since the Commerce Department seasonally adjusts out all typical heat. The game is to try to figure out if the weather is seasonally abnormal. Except for this week, we've had a pretty normal summer in the Northeast.

- John Ryding

Tags

Remember | Exceptional | Prolonged | Heat | Trends |

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As we work toward a reopening of the equity markets, we believe that a cut in rates is even more important than it was before. - John Ryding

I think it's much more likely that Greenspan gives us a quarter-point cut, and then comes back at the November or December meeting with another quarter-point cut. - John Ryding

With the Fed maintaining an economic-weakness bias, Greenspan is more likely to be concerned with the signs of further economic weakness in this report rather than worrying about the increase in average hourly earnings. - John Ryding