The view that borrowing costs in the U.S. will keep on rising is weighing on stocks.

Demand in the machinery industry is quite strong, stronger than I expected. Higher rents are also a plus for large property developers, indicating that property demand is improving.

After this week's surprising drop, fundamentally sound stocks are now more attractive.

As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine.

Buoyant spending and borrowing have not yet been inflationary, and will not necessarily become inflationary, partly because of relatively low global inflation and strong price competition from imports.

There is good borrowing and bad borrowing, ... If we permit our infrastructure to slowly collapse, our economy will slowly collapse.