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Letter "B" » Bruce Steinberg Quotes
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«We believe the Fed is done. But even if the Fed is done, it will continue to talk tough, stressing inflation risks, in part to keep markets from going to far too soon.»
Author: Bruce Steinberg
«He is extremely optimistic on technology, its impact on productivity and the benefits it has to our economy. We believe Alan Greenspan does not see any burning need to further tighten policy, assuming the economy is slowing as it has been indicating so far.»
Author: Bruce Steinberg
«The Fed is doing nothing next week.»
Author: Bruce Steinberg
«I think they may ease as soon as late January.»
Author: Bruce Steinberg
«We believe if the Fed does not cut by 75 basis points, there is a risk the market would be disappointed. If the Fed does cut by 75 basis points, we do not think that the selling climax would continue past that point.»
Author: Bruce Steinberg
«The Leading Economic Index is basically telling us what we already know. Despite the declines in the index, the economy is growing, although very slowly.»
Author: Bruce Steinberg
«The U.S. economy has yet to show convincing signs of a bottom but that doesn't mean monetary policy isn't working. We continue to look for a strong economic rebound by the fourth quarter.»
Author: Bruce Steinberg
«Tech will have the worst performance of any S&P sector in 2001 with operating earnings per share plunging 73 percent. But next year (2002) we believe tech earnings will snap back strongly.»
Author: Bruce Steinberg
«The economy remains weak, but hints of stabilization are emerging.»
Author: Bruce Steinberg
«There has been talk recently about how, because productivity was revised down last year, it would belie the productivity miracle of the recent past. We believe today's data indicate that this is not happening.»
Author: Bruce Steinberg
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