Quotes by Jay Bryson

“We never had an economic relationship with Russia before the fall of the Berlin Wall, so we could push Russia, and there was never any risk of economic war. Our relationship with China is much more complex.”

“A 30 percent appreciation of the yuan over the next year could be a destabilizing blow to their economy. That could lead to political upheaval. I dont know if at the end of the day you want that. And whether its Wal-Mart or old line U.S. manufacturers or Silicon Valley, there are a lot of U.S. businesses that depend on low-priced Chinese inputs.”

“Obviously theyre getting a lot of flak from Congress and the Europeans as well. It was going to happen at some point anyway. It probably happened sooner than it would have if Congress and the administration hadnt said anything,”

“Most people expect that the Fed will hike short-term rates more than the 10-year (yield) will go up this year.”

“Assuming the spark does not happen, it can go on much longer, ... Nobody wants it to stop. We dont want to contemplate sharply higher rates and prices. The Japanese and Chinese dont want to contemplate it either.”

“The headline number was weaker than what people expected. But when you look down into the underlying details, its not as weak as what that headline number would suggest.”

“That sliced off about a half a percentage point in growth.”

“In general, a rising rate environment slows down growth, so most companies are not going to go as good as when rates are low.”

“Unfortunately, the underlying details [of this report] suggest that it would be premature to break out the champagne.”

“People tend to look at core to get a look at overall strength and weakness of the economy,”