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Michael Prell Quotes

When we've attempted to apply the brakes in past expansions, we generally ended up skidding into a ditch. - Michael Prell

Tags

Attempted | Apply | Brakes | Expansions | Generally |

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The message we've received from Fed statements lately has been quite consistent. I don't expect what he says to depart very much from that. - Michael Prell

There are observances of the occasion occurring at the Fed on a modest scale. I'm not surprised that there isn't anything more. - Michael Prell

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. - Michael Prell

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