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Anthony Crescenzi Quotes

They could have said there's a clear acceleration in economic activity currently under way, but it remains at risk of weakening or reversing, owing to the labor market and other factors. To leave it out completely doesn't make any sense to me -- it's as if they think the market's full of dummies. - Anthony Crescenzi

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The rumor that China will devalue carries little basis in truth (for now). [It] seems to be largely a by-product of the devaluation of the Brazilian real. - Anthony Crescenzi

The Fed's about to cut rates, and they may cut more from a dearth of sellers than from a host of new buyers... Some people continue to make their bet on the possibility of a 50-basis point move. You see people buying to speculate on a larger cut...you're going to get closer to that meeting and you're going to find fewer sellers. - Anthony Crescenzi

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