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Letter "D" » Drew Matus Quotes
«I don't think this is going to draw much in the way of the Fed's attention. It was delayed for some time, and nobody from the Fed was complaining. They don't focus on it.»
Author: Drew Matus
«I think what this does is ratify the Fed's current stance --- moving at a measured pace seems to be the prudent course.»
Author: Drew Matus
«We're right where they want us to be -- between 2 and 2.5 percent increases in the core CPI. But last year there was more inflation than they were anticipating at the beginning of the year, and the concern you hear being expressed is that they don't want that to happen again.»
Author: Drew Matus
«Don Kohn is the closest thing to a Greenspan clone that modern science has produced.»
Author: Drew Matus
«On a real basis the trade deficit widened by over $1.7 billion for the month and places the trade balance on a trajectory that would likely reduce fourth-quarter GDP growth by more than 0.5 percent.»
Author: Drew Matus
«I think these minutes ratify the middle view in the markets, not that the Fed's done and not that the Fed's going to 6 percent.»
Author: Drew Matus
«With this kind of income growth, the consumer has room to run. This tells us we don't need to worry about the first quarter.»
Author: Drew Matus
«There have been historical precedents where people have spent well in excess of what they've earned from foreign trading partners for extended periods of time and nothing has happened. The big wild card is you have a reserve currency (such as the dollar), how much extra room does that give you. That's the $100,000 question, or the $100 million question, or the $1 trillion question.»
Author: Drew Matus
«The important thing, though, (it that) it's a January number. So we ended the fourth quarter on 1.1% GDP growth, but now, starting the next new quarter, we're going to have this surge in housing activity. And it's going to add to GDP estimates for the first quarter.»
Author: Drew Matus
«Nobody's going to default in the U.S. Treasury market. The biggest concern I have is that not everybody understands that, and some people understand it better than others.»
Author: Drew Matus
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