John Lonski Quotes

If it turns out that a number of overseas economies mimic the very strong economy now being reported by Korea, we could be looking at a surprisingly steep upturn in Treasury bond yields later this year.

- John Lonski

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Turns | Number | Overseas | Economies | Mimic |

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The market's stepping back. There's maybe a little profit taking after gains of last week. - John Lonski

I would say they're (the Fed) going to take a bye this time around. That's because there ought to be a second consecutive weak retail sales report. We're going so far as to say retail sales are going to go down again after having dropped in April. - John Lonski

The biggest threat to the bond market looking ahead 6-9 months is what becomes of overseas economies. Let us not forget that the Federal Reserve cut interest rates three times in 1998 because of the unexpected severity of overseas economic slumps. - John Lonski