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Paul McCulley Quotes

The bond market is debating with itself what the intent of the Fed is. I don’t think the Fed has a multi-step process. They are taking it step by step Picture Quote #1
The lion’s share of the bear market is over, ... It’s a two-part issue. Yes, the marketplace could be nasty. But there’s a great deal of nastiness that’s already happened in the bond market Picture Quote #1
Rightly or wrongly, most Americans look at mortgage equity withdrawal as the closest thing to a free lunch Picture Quote #1
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The bond market is debating with itself what the intent of the Fed is. I don’t think the Fed has a multi-step process. They are taking it step by step.  (Paul McCulley Quotes) The lion’s share of the bear market is over, ... It’s a two-part issue. Yes, the marketplace could be nasty. But there’s a great deal of nastiness that’s already happened in the bond market.  (Paul McCulley Quotes) Rightly or wrongly, most Americans look at mortgage equity withdrawal as the closest thing to a free lunch.  (Paul McCulley Quotes)