“I think he's still concerned to keep the stock market afloat and to hold down bond yields. He's going to be more inclined to talk the markets up rather than down.”
“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.”
“Markets want to hear some kind of hint that they'll back up these words with action, specifically intervention in foreign exchanges to drive the euro higher,”