Matthew Alexy

Obviously, there's quite a lot of concern about what's going on around the world. Greed has been replaced by fear. read more

Obviously, there's quite a lot of concern about what's going on around the world. Greed has been replaced by fear. There's not much rationality in a greed environment and there's not much rationality in a fear environment.

We see high growth with very low inflation. These aren't mutually exclusive. You have to remember the high growth that read more

We see high growth with very low inflation. These aren't mutually exclusive. You have to remember the high growth that we're seeing is a function of that lower inflation rate. If we had inflation at 3 or 4 percent, growth would be a lot slower.

When you start getting involved in bond math it gets complicated. (But) if you don't understand how it works you read more

When you start getting involved in bond math it gets complicated. (But) if you don't understand how it works you should do your homework.

Everything is going down: the price of the dollar, the price of stocks, the price of bonds.

Everything is going down: the price of the dollar, the price of stocks, the price of bonds.

We are seeing the long bond tell us that the Fed's decision was proper from an inflation perspective. Long-term interest read more

We are seeing the long bond tell us that the Fed's decision was proper from an inflation perspective. Long-term interest rates are coming down slightly, moving from 7 percent to about 6.95 percent at the this point in time. So the market isn't worried about inflation. The market thinks the Fed's decision was right.