Matthew Alexy

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.

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.

The market has not stabilized yet.

The market has not stabilized yet.

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 Greed has been replaced by fear.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 Greed has been replaced by fear.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.

The immediate reaction was a pretty big move in rates after he suggested that there is a risk overseas troubles read more

The immediate reaction was a pretty big move in rates after he suggested that there is a risk overseas troubles will hit the U.S..