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Letter "J" » Joseph LaVorgna Quotes


«I think it's probably them worried more just about a very weak economy than whether it's a soft landing or a recession. But the Fed, they don't really care. They just want to see the economy get back up.»
«What I think this means is that the Fed waited maybe for the stock market to go up a little and then cut rates and effectively reinforced the price action. Therefore it set a bottom on stocks, but it's definitely a very good move I think for the Fed.»
«People are telling you they are still somewhat optimistic about the future, but the current environment is lousy.»
«The retail sales figures were really soft, much softer than expected.»
«The economy is doing fine and the labor market is on the mend.»
«The economy could get back to an above trend rate this quarter, and that is what will matter to monetary policy makers.»
«The Fed is toward the end of its rate hikes. Equities and bonds got a bid because the Fed talked about maybe finishing its tightening.»
«Already in December, the vehicle sales data seemed to be regaining traction.»
«While consumers are forking over a lot of money on gasoline, they continue to spend elsewhere, ... This tells us that job and income prospects are better than what is commonly understood.»
«It's just adding to the notion that the Fed is on the cusp of an imminent and extended pause. It's proving what everybody was thinking -- the I-told-you-so crowd -- that oil is going to weaken things.»

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