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Wayne Angell Quotes

Even if the events of Sept. 11 had not occurred, the economic case for lower interest rates was a strong one. However, as we work toward a reopening of the equity markets, we believe that a cut in rates is even more important than it was before. - Wayne Angell

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Events | Sept | Occurred | Economic | Case |

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He is not going to give that much of an indication on his own, because this Fed chief is an effective politician. - Wayne Angell

It reduces the rate of return on that $6.5 trillion hiding in money-market accounts. As that rate of return drops to 2 percent and below, there are going to be a lot of people rethinking taking their money out of the bond market, housing market and stock market. - Wayne Angell

It seems to me that a five percent funds level is very reasonable. - Wayne Angell

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