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 Richard Gilhooly - “Greenspan will need to either confirm the 'patient' theory or ratchet up his view on jobs and the economy.”
 Richard Gilhooly - “Greenspan will need to either confirm the 'patient' theory or ratchet up his view on jobs and the economy,”
 Richard Gilhooly - “The market will be looking for him to confirm what was priced in last week that the Fed will stop a little earlier than we had thought.”
 Richard Gilhooly - “The retail sales, when taken in combination, April and May together, are somewhat stronger than expected. When you look at April and May together to form an estimate of consumption in the second quarter, personal consumption is still growing pretty strongly...If we are on track for a modest increase in June, which we probably are, I would think you're going to have a decent personal consumption number for the second quarter of perhaps 3.0 percent.”
 Richard Gilhooly - “The Fed now thinks they are pretty much at neutral, and there has to be evidence to suggest they actually need to raise interest rates.”
 Richard Gilhooly - “Further flattening in the curve is likely ahead of two-year supply next week.”