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Anthony Crescenzi Quotes

The Chinese devaluation would be devastating to the equity markets, and it would be good for bonds... But that is not a credible fear right now. The inflation that would come from devaluation would cause social instability. - Anthony Crescenzi

Tags

Chinese | Devaluation | Devastating | Equity | Markets |

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But his deflation comment seemed to really change things -- he said that it is coming closer to our shores. - Anthony Crescenzi

There are inflation figures due out Thursday and Friday. The CPI and the PPI both are expected at 0.5 percent (increase), which is a very large gain, but both of those gains are expected to be driven by higher oil prices. - Anthony Crescenzi

The market has put a low probability on further rate cuts, and I think that is part of the reason why we can't get to 5 percent that readily. - Anthony Crescenzi

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