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September 24, 2007

Quote du Jour: Inflation is Soooo 2008

The investing quote du jour goes to James Swanson of Massachusetts-based MFS, which overseas about $200-billion in assets. While he's nervous about inflation after the recent rate cuts, he can't stop himself from being bullish, however briefly:

 "I am concerned about it, but what the heck,'' Swanson, who helps oversee about $200 billion as chief investment strategist at Boston-based MFS, said from Truro, Massachusetts. "It's four years down the road.''

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