Every Fed chairman has been greeted with a trial by fire.
Keep in mind, consumer confidence is tied to your job.
Keep in mind that export orders are a big part of this and since Asia has turned, so has manufacturing turned.
The events of this week make a more pronounced v-shape in the downturn. While obviously this will have a very short-term negative impact on us, investors should be focused on the next six-to-nine months.
I do think that a rate cut is coming, more likely toward the end of the year when we see some of the economic data.
The only issue he had was getting back to a competitive level. He felt better the second game than he did the first game.
If you keep thinking about what you want to do or what you hope will happen, you don't do it, and it won't happen.
(October 27, 1469 - July 12, 1536)
Don't try to fix the students, fix ourselves first. The good teacher makes the poor student good and the good student superior. When our students fail, we, as teachers, too, have failed.