Ethan Harris Financial Quotations

We've been trying to see whether the improvement of the economy and financial market will carry the day in terms of consumer confidence, or if worries about labor will dominate. It looks like the 'glass-half-full' view is winning.

They're adding to the intellectual firepower of the board of governors in terms of regulatory and financial markets issues, but initially they won't be important players in the monetary policy front.

While the Fed is more than one person, Mr. Greenspan's retirement means less confidence in the Fed, with somewhat greater risk of both financial market instability and inflation.

There's this alternative scenario where the financial crisis starts to bleed into the economy in a major way,

Because growth is looking good and financial conditions are good, they'll keep moving up. But they're close to the end.