Bruce Steinberg Last Quotations

There has been talk recently about how, because productivity was revised down last year, it would belie the productivity miracle of the recent past. We believe today's data indicate that this is not happening.

Greenspan's testimony was balanced. We believe today's remarks were enough to think that the Fed will take a 'wait and see' attitude rather than ease one last time.

Larry Summers is a very capable guy. He's been Rubin's deputy for the last five years or so, and Rubin has been grooming him to take on the responsibilities of being the Treasury secretary.