“We still have the problem of the occupation of Iraq, which can be very uncertain and very dangerous. We still have North Korea, the potential for terrorism elsewhere and at home and SARS.”
“They are doing better, but we've seen these packages in the past and it remains to be seen how much impact there will be in this package, ... But at least they're doing something and that's a plus.”
“The market is beginning to focus on the huge U.S. trade imbalance and there is a view that as growth picks up in Japan and interest rates go up, a lot of the money coming from Japan to the U.S. will not come as rapidly into the U.S. securities markets, ... Before Hours .”
“It is already putting downward pressure on the dollar and that will be a concern so they'll have to talk about trade and they'll have to talk about exchange rate stability,”
“The U.S. is better off because we would not be selling very much to Mexico today if the Mexican economy were in crisis. In fact, we are selling more to Mexico today than before the crisis occurred.”
“A lot of these countries owe money to [U.S. banks] in dollars and yen and, therefore, our financial institutions may find it a little more difficult to collect on some of that money.”
