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Letter "A" » Anthony Crescenzi Quotes
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«Today, the market witnessed the other side of that de-leveraging process. If this was the fuel [driving up bonds recently], there's probably not a lot of that left.»
Author: Anthony Crescenzi
«Since rates have bottomed out, we are going to see fewer [mortgage] prepayments in the near term.»
Author: Anthony Crescenzi
«The Dow went from 8,360 to 8,420 in the last 45 minutes. That turned the bonds down.»
Author: Anthony Crescenzi
«That was the key. All of those numbers were bearish for the market.»
Author: Anthony Crescenzi
«I think it is more psychological than anything. But there is concern more money will be put in euro reserves than in dollar reserves.»
Author: Anthony Crescenzi
«The Treasury market rally may be a bear trap. The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.»
Author: Anthony Crescenzi
«There are inflation figures due out Thursday and Friday. The CPI and the PPI both are expected at 0.5 percent (increase), which is a very large gain, but both of those gains are expected to be driven by higher oil prices.»
Author: Anthony Crescenzi
«Greenspan's comments have been so specific to the markets and costs. The price index was worse than the market would have liked.»
Author: Anthony Crescenzi
«The report is universally strong and is pointing to growth in excess of Greenspan's objectives.»
Author: Anthony Crescenzi
«One of the key reasons payrolls exceeded the consensus was due to a 31K gain in manufacturing jobs, the first gain in 11 months. With more of these high-paying jobs in the mix, average wages were pulled higher.»
Author: Anthony Crescenzi
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