FastSaying
As destructive as past storms have been, they didn't leave an imprint on the U.S. business cycle,
Bruce Kasman
Business
Past
Storms
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Chairman Greenspan's testimony next Thursday is unlikely to shift his message to signal that a pause is imminent, ... He will probably maintain confidence that the underpinnings of the recovery are sound and that the adjustment in the manufacturing sector will not broaden.
— Bruce Kasman
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Greenspan's shift to a 'don't criticize what you don't understand mode' signals that the low level of long-term interest rates will, by themselves, not be a factor pushing the Fed towards more tightening,
— Bruce Kasman
Interest