We see the Fed easing as a flu shot that will help prevent recession in 1999, but fixing the global problems that underlie the markets' malaise will require major surgery. So basically, I think the market sees through this as a temporary boost, but there are fundamental problems that aren't yet resolved.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 9 total William Hummer quotes in our collection. William Hummer is known for saying 'We see the Fed easing as a flu shot that will help prevent recession in 1999, but fixing the global problems that underlie the markets' malaise will require major surgery. So basically, I think the market sees through this as a temporary boost, but there are fundamental problems that aren't yet resolved.' as well as some of the following quotes.
Intel gave us a good preview of the quarter, but oil suffocated the positive news.
There are a combination of forces which could be positive, on net. The market's been held hostage by the election and Iraq, and those may at least temporarily fade as preoccupations if better economic news takes hold.
The third quarter earnings have been fairly well received and I think there will be anticipation that fourth-quarter earnings could be better than expected.
This quote is just one of 9 total William Hummer quotes in our collection. William Hummer is known for saying 'We see the Fed easing as a flu shot that will help prevent recession in 1999, but fixing the global problems that underlie the markets' malaise will require major surgery. So basically, I think the market sees through this as a temporary boost, but there are fundamental problems that aren't yet resolved.' as well as some of the following quotes.