"It's still a low-growth, low-inflation environment," he said.
To a large degree, they remain more or less in step with him because they share his goal: a stable, low-inflation environment.
But if there is a moderate growth, low-inflation environment, there will be a whole string of earnings disappointments.
In the current low-inflation environment, however, I don't believe manufacturers can enjoy the same pricing flexibility prevailing in the past.
Strong productivity numbers, the strength in the housing sector and a low-interest-rate, low-inflation environment are also signs that a continued recovery is still possible.
Economists and business executives are looking for an economic program to create a stable, low-inflation environment, a program that will not be changed by politicians every year.
Economic recovery, coupled with the current low-inflation environment in borrowers' financial positions.
In a low-inflation environment, expectations of economic growth have become the main driver of the markets.
The upward momentum of financial companies continued, reflecting the low-interest-rate and low-inflation environment.
The low-inflation environment is similar, and some analysts point to the strong market then as support for the argument that current stocks are not particularly overvalued.