Tuesday, December 17, 2013

Wilbur Ross: Janet Yellen will be slow to make changes

I PERSONALLY DO NOT THINK THAT JANET YELLEN IS GOING TO DO ANYTHING VERY PRECIPITOUS.


I THINK SHE WILL BE SLOW TO MAKE CHANGES AND WHEN SHE DOES I WOULD WAGER THAT THEY WOULD BE VERY, VERY GRADUAL.


MAYBE SOMETHING AS GRADUAL AS CUTTING IT BACK FROM THE CURRENT 85 BILLION A MONTH BY PERHAPS FIVE BILLION A MONTH OVER A 17-MONTH PERIOD WHICH SHOULD BE A VERY, VERY GRADUAL EASING OF THING.