Tony Crescenzi Economy Quotations

I believe the current decline in stocks could have a significant influence on the economy -- and hence, bonds -- if the stock decline is sustained.

Because of the strong global economy, there is a safety net surrounding the U.S. economy -- so if it begins to slow, it won't slow much because there is tremendous support.

The productivity advance will also serve as a powerful backstop for the U.S. dollar, as it creates an environment that is good for the rates of return on U.S. assets, especially compared to other countries where both productivity growth and economic growth are lower than in the U.S.,

While the results of the September jobs report are impressive and seem to suggest that the underlying strength in labor demand has been unaffected by recent events, the strength could well reflect the lagged effects of past strength in the economy and the data therefore provide much less guidance about the future than might seem obvious.

The market is of the mind-set that the economy might be poised to rebound, and that will take precedence above all else.