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This quote is just one of 6 total Michael Prell quotes in our collection. Michael Prell is known for saying 'It may just be that we are wild and crazy guys here!' as well as some of the following quotes.
It may just be that we are wild and crazy guys here!
It seems unlikely that he would say anything that would be intended to greatly alter expectations. I don't see what the market has priced in now, in terms of near-term rate actions, to be at odds with the general drift of policy-makers' thinking.
Some concrete judgments have to be made. There is a long list of practical questions that need to be addressed, starting with which price index they should use, what the specific number or range should be, and to what time period it should apply.
In the current cycle, there would seem to be a risk of a particularly large decline in the market, given that, by many conventional metrics, we experienced a speculative bubble of extraordinary proportions.
This quote is just one of 6 total Michael Prell quotes in our collection. Michael Prell is known for saying 'It may just be that we are wild and crazy guys here!' as well as some of the following quotes.