Quotes by Mark Cliffe

“I think hes going to lean towards indicating that the Fed isnt in a hurry to raise rates,”

“I think hes still concerned to keep the stock market afloat and to hold down bond yields. Hes going to be more inclined to talk the markets up rather than down.”

“His reputation as an arch-dove on inflation is rather misleading.”

“I dont think anybody expects them to move on rates given their recent rhetoric.”

“I think the market is in a dangerous position,”

“Generally were looking pretty quiet - one of our traders just told me its one of the quietest days hes ever seen.”

“As we go into the new year, we have to ask ourselves: Can this growth continue, and what is going to happen with Iraq?”

“I think the market is in a dangerous position. It has gone a long way toward pricing out a [Fed] rate increase, and that does leave you vulnerable if data comes out pointing to inflation.”

“It certainly looks rather more realistic than it did before the release of these figures.”

“Markets want to hear some kind of hint that theyll back up these words with action, specifically intervention in foreign exchanges to drive the euro higher,”