James Annable

There are enormously long lags from a change in exchange rates to impact on production and employment. ...The dollar has read more

There are enormously long lags from a change in exchange rates to impact on production and employment. ...The dollar has already weakened and frankly this kind of move isn't going to matter very much.

What the market's figuring out is the Fed is coming toward an end of this movement,

What the market's figuring out is the Fed is coming toward an end of this movement,

Everything was out of balance and part of figuring out where we are now is figuring out where we were read more

Everything was out of balance and part of figuring out where we are now is figuring out where we were and how many imbalances were built into the economy.

They will be cutting (rates) until they get some signs of rebound,

They will be cutting (rates) until they get some signs of rebound,

He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,

He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,