Quotes About Market

a sign that investors weren't shunning the mortgage securities to the extent that they had been.

Some worried about appearing to overreact to what so far had been relatively modest market turmoil.

This is unusual but so are market conditions,

Investors were unwilling to buy securities they knew little about.

it became a truly deep recession only after the panic reached its peak, in September and October 2008.

They flattened out in 2006 but did not decline much initially

I recommended that we hold off in spite of market expectations for a reduction.

meeting by summarizing key financial developments

while the effect of Treasury purchases would be more broad-based.)

In the repo market, lenders were demanding more collateral for their loans, even when the collateral was of relatively high quality.

Lloyd was obviously very bright, and I found his insights into market developments particularly useful.

which would lead to further weakening in housing,

had doubts. Short-selling is part of how a healthy market determines prices. A

it allows stock prices to reflect a full range of views.

But we had agreed in advance to be vague because we were intensely concerned that acknowledging our inability to save Lehman would hurt market confidence and increase pressure on other vulnerable firms.

Would it have been better for market confidence to have admitted that we were unable to save Lehman?

foreclosed homes rarely resell for good prices,

Going to Congress with a proposal only to have it turned down would devastate market confidence.

In that sense, a Lehman-type episode was probably inevitable.

How do you draw the line between a healthy, exciting economic boom and a wanton, speculative stock-market bubble driven by the less savory aspects of human nature? As I pointed out drily to the House Banking Committee, the question was all the more complicated because the two can coexist.

Of course, how far and how fast rates would rise depended on the economy.

investors did not see the results as credible,

might be forced to dump them on the market for whatever they could get.

that investors had grown complacent and needed to be taught a lesson.