David Jones Last Quotations

(Greenspan) cut rates three times last year, but he said that the conditions that required those cuts are no longer with us. So the outside limit to what he is going to do is three hikes. My guess is that you will only end up with a couple of them, a quarter-point at the end of this month, one in August, and maybe one in October.

I do not think he (Greenspan) has made up his mind. He may wait until the very last minute before he tips his hand.

He was dead last in the first 10 meters.

Last summer, there was a meeting of the elders of the tribe at Marty Epstein's house. We were told the theater was in financial trouble and needed new energy and new money.

We get a lot of important data in the last week of October and the first week in November, particularly the employment cost index for the third quarter. That's going to be a key indicator for the Fed. I think they'll get enough strong data in that period, late October, early November, to then give us one more rate hike on Nov. 16.

The political side, which people have tried to underestimate, cannot be underestimated in terms of an influence. It's the last major uncertainty that comes into this picture.

The incidents last night are deplored by ourselves, but it is understandable. People see that peaceful protest isn't getting them anywhere.