David Kelly Quotes

One thing that's clear is that the Fed is determined to still seem balanced. The minutes will reflect a little more inflation concern and a little more concern about the economy but no deviation from the measured pace.

- David Kelly

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Clear | Determined | Balanced | Minutes | Reflect |

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There's clearly a lack of interest in investing while the economy works through these Katrina issues... We need to get a clearer sense of when gasoline prices are going to come back to normal. When I talk to retail investors, a lot are frozen by the level of uncertainty those issues create. - David Kelly

There should be nothing scary in the oil inventories. It should show huge inventories or close to huge inventories. If you want to be scared about oil, you have to come up with something out of the Middle East or Africa, like the growing violence in Iraq. - David Kelly

I don't know of many serious economists who think that a tax increase, immediately implemented, is a good idea. - David Kelly