Quotations
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Richard Babson Quotes
«If inflation is around the corner, the Fed doesn't want to meet it -- it wants to kill it before it gets around the corner. The Fed wants to make sure that there are no significant cost pressures in the economy.»
Author: Richard Babson
«What you are seeing now is the buying of individual companies in the Dow for value. It is less a question of tech versus financial stocks, and more a question of looking at specific companies.»
Author: Richard Babson
«It's always nice to keep some of your powder dry. We like to buy and hold for the long term. So we'll make a specific judgment about the quality of a company, and we'll be buying it over time.»
Author: Richard Babson
«There's absolutely no question that the U.S. economy is on a tear and needs to be slowed.»
Author: Richard Babson
«If there's continued strength in employment costs, I believe the Fed will raise rates 50 basis points to slow economic growth by a couple of notches.»
Author: Richard Babson