Louise Purtle Quotations

Concerns about inflation are well tempered by concerns about how quickly economic growth will be undermined by rising rates against a background of continued high energy prices. When the evidence of that appears in the numbers, the bond market's low long-end yields will look justified.

You've gone into this period where you're trading into this vortex. You're trading on fear. If you see continued declines like this it will need some external shock to break the pattern.

You can see the distress in the market. It's in as much pain as it ever has been.