Alan Ruskin Reaction Quotations

Once again soft data appears to be generating more reaction in the bond market than strong data -- consistent with the bullish undertone.

There was always going to be some shock value when the Fed changed 'the considerable period' statement, but we had always felt that the change would come when it was fairly obvious that it should, and when the Fed had softened the blow, by alerting the market to such a change, ... As it was, there was no such warning, and the sharp market reaction is testimony to just how far it caught asset markets 'off-side.'

There was not much of a dollar reaction because her comments were not terribly fresh.