Edward McKelvey Quotes

In our view, the financial markets are much too complacent about what a decision to keep tightening means at this juncture.

- Edward McKelvey

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The data suggest the pace of unemployment's rise is lessening... They don't tell you you'll get a turnaround, but they're encouraging. - Edward McKelvey

The easing the Fed has already done has had a focused and limited effect, mainly on sales of homes and automobiles. It's not clear another rate cut will have much effect. I think fiscal easing is more effective at this point; it more directly puts money in people's pocketbooks. - Edward McKelvey