Domestic Quotations | Page 6

Nuclear power alone is not the solution to our energy woes, but can become a stronger component of an overall national energy policy, just as we must promote greater domestic oil and gas production, and yes, embrace greater conservation and renewable fuels. But we should be realistic in understanding that conservation and renewable fuels, which now only provide about 2 percent of our energy needs, will never get us to energy independence.

Next week's textile negotiations are a crucial test for this administration. The U.S. must not create yet another textile agreement that leads domestic manufacturers to believe that they have a right to permanent protection.

I think there are all kinds of aspects to reality, to domestic reality, and why don't we just talk about them all?

What we're seeing happening is the best of all worlds. The economy is strong yet inflation remains quiescent. The earnings outlook remains reasonably good. Given those things, the money continues to flow into the market from both domestic and foreign sources.

What has occurred is that supply swelled as our domestic refinery capacity came back on line after recovering from hurricane damage and gasoline imports flooded in to help fill the demand.

We got whacked on the Fed comments (Wednesday), but that reaction doesn't make sense, ... Don't you think if the Fed is hinting that interest rates will go up sooner, that suggests the economy is doing well? I think the comments bode well for the GDP (gross domestic product) report tomorrow and next week's monthly employment report.

What's pushing these figures is domestic demand, with a major contribution from investment, which means productive capacity should continue growing in the coming quarters.

I think the White House is very frustrated. There's been good data on gross domestic product, employment and business spending, and even oil prices are receding. But it's not reflected in the polling data on Americans' views.

It is a very serious problem. We have told the authorities we cannot do anything in their domestic league matches but we will not allow it in our Uefa club competitions.

Fully three-quarters of the time in the past five years when we endured a bond yield spasm like we have seen since mid-January, GDP (gross domestic product) growth slowed the following quarter and by an average of one percentage point.