Paul Kasriel Quotes
You're going to see good profit growth over the next several quarters, but it's not going to be as strong as it's been of late. Still, it will be better than a poke in the eye. 
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Good | Profit | Growth | Quarters | Strong |
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If the Fed pauses here, rates will come down, the house ATM machine will get filled up again, and we can all go back and do more refinancing... But if they keep going, like some people believe they will, then we will have a recession in the second half of 2005.
- Paul Kasriel
There are a lot of crosscurrents now, but falling yields might indicate that demand for credit is slowing down and that the Fed, by holding the fed funds rate where it is, is actually keeping rates all along the curve from falling to their equilibrium level, or to the level where would they would more naturally go.
- Paul Kasriel