Stephen Stanley Quotes
In terms of monetary policy right now, most people expect the Fed to tighten during the next two or three meetings, but it's foggy beyond that. Greenspan didn't really say much to clarify, either in his comments or in the question period. He was appropriately non-committal, and so there's been little reaction from stocks. 
Tweet
Terms | Monetary | Policy | People | Expect |
comments powered by Disqus
Oil is playing a positive role for stocks and the bond market today. Also, the markets are coming off a rough stretch, which makes this bounce pretty understandable.
- Stephen Stanley
In terms of monetary policy right now, most people expect the Fed to tighten during the next two or three meetings, but it's foggy beyond that. Greenspan didn't really say much to clarify, either in his comments or in the question period. He was appropriately non-committal, and so there's been little reaction from stocks.
- Stephen Stanley