David Jones
![David Jones](/assets/img/authors/david-jones.jpg)
David Jones
Twentieth-century British Modernist poet and painter who is best remembered for his long poem "The Anathemata." His other works include "In Parenthesis" and "Cara Wallia Derelicta."
ProfessionPoet
Date of Birth1 November 1895
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It has been a great story -- strong growth and no inflation and low interest rates, but my bet is that one area that will be a little bit of a challenge to stocks will over time be interest rates.
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What Katrina has done is shift the economic focus from inflation to growth.
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The catalyst for this was the sharp rise in the U.S. Producer Price Index, with the 1.9 percent jump in September coming in at more than analysts were expecting, and fueling fears of increased inflation creeping back into the U.S. economy,
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The market is on hold but the fundamentals are still extremely favorable. We've got low inflation ... and strong domestic growth.
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I think actually the Clinton presidency is going to be hurt enough so that he is going to have more trouble coming through with that contribution to the IMF.
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I think we are moving into a very, very dangerous situation whereby we could even come to the stage of a complete confrontation between the Orange and the army and police,
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It is a Microsoft market today. People have had the weekend to think about the government's plan to break it up. We're still looking at a strong economy and there's room for some buying - at least today, bulls are back.
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I think there will be one more quarter-point hike and then the Fed will go on hold for the rest of the year.
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Last summer, there was a meeting of the elders of the tribe at Marty Epstein's house. We were told the theater was in financial trouble and needed new energy and new money.
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I think his calculation is we have some further distance to go in the correction and banks need to be careful
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I think he will ease one more time ... cut rates one more time before the end of the year, but I just don't think the odds are as strong on Nov. 17th as maybe some people in the market think.
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I think it's going to be difficult to determine what the immediate impact is going to be. We probably won't know until the day after.
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I think it's clear that Greenspan is saying 'I may be starting a process of tightening,' ... He's going to do as much tightening as he needs to do to get the job done.
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I think the industry is getting an understanding ear from the Government because we are all on the same track towards this aspect of managing chronic disease and preventive health care.