Quotations
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Anthony Crescenzi Quotes
«In terms of corporate financing, the incentives won't change all that much [if the dividend tax is eliminated].»
Author: Anthony Crescenzi
«The jobless rate gets a lot of play on Main Street -- it's a figure that Main Street completely understands, unlike durable goods orders and things like that, ... It can have a big psychological effect on confidence and spending.»
Author: Anthony Crescenzi
«As long as the economy moves along, you'll get profits rising steadily ... I don't think this (selling) will last steadily.»
Author: Anthony Crescenzi
«The recent rally in the stock market might be captured (in the numbers).»
Author: Anthony Crescenzi
«The general rule of thumb is that, for each dollar change in [stock prices], there's roughly a 4-cent change in consumer spending, ... If stocks rally 10 percent, that would increase the value of equities by about $1 trillion, adding about $40 billion in new spending to the economy.»
Author: Anthony Crescenzi
«As alarming as this is -- and the trend is certainly not very favorable -- it's not like it was in the last recession.»
Author: Anthony Crescenzi
«There are hints now that the worst may be over in the labor story.»
Author: Anthony Crescenzi
«Businesses have responded rapidly to the economic climate, showing the dynamic nature of the U.S. economy, and it's very good for the long-term outlook.»
Author: Anthony Crescenzi
«Right now we have to take a step back and say how much further can we go with this news. Where fed funds are now, at 6.5 percent, makes it somewhat difficult for the (bond) market to trade higher or lower in yield.»
Author: Anthony Crescenzi
«I think we have conditions in place now that could put off the tightening. Unfortunately, there is some inflation embedding itself.»
Author: Anthony Crescenzi