Anthony Crescenzi Closer Quotations

The Fed's about to cut rates, and they may cut more from a dearth of sellers than from a host of new buyers. Some people continue to make their bet on the possibility of a 50-basis point move. You see people buying to speculate on a larger cut...you're going to get closer to that meeting and you're going to find fewer sellers.

But his deflation comment seemed to really change things -- he said that it is coming closer to our shores.