Paul Kasriel Quotes
You're effectively lowering the cost of capital for corporations, and anything to lower that cost will help in inducing more plant and equipment spending. 
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Effectively | Lowering | Cost | Capital | Corporations |
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I think it's still too soon to say this is a sign that fundamental inflationary pressures are cooling off just yet. And I think commodities are due for another leg up -- this has been a correction in a still more fundamental longer-term trend up.
- Paul Kasriel
There may be somebody else taking the baton now, which is not unusual in a recovery. Housing is typically the leader out of the desert to the promised land; but, just like Moses didn't make it to the promised land, as rates rise, housing doesn't quite make it, either. Other sectors do.
- Paul Kasriel