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Letter "S" » Stephen Stanley Quotes
«This speaks to very robust underlying momentum in the economy, which is one of the reasons why the Fed will have to keep going.»
Author: Stephen Stanley
«The unemployment report, for once, was essentially as expected in November. The employment situation seems to have pretty much worked through the job losses associated with the hurricanes. Now, we wait for those jobs to be recovered over the next 3 to 6 months.»
Author: Stephen Stanley
«When the economy's weak, there's always a potential competitor who will undercut you on price, but when everybody's doing decent business, there's not as much urgency on the pricing front. When consumers are mostly employed and their incomes are going up, they're more inclined to accept some price increases.»
Author: Stephen Stanley
«The numbers were considerably more moderate than we and others had expected. We have gotten back to pre-hurricane numbers. (But), I don't view this as the beginning of a sustained downturn.»
Author: Stephen Stanley
«The minutes kind of fed into the sentiment in the market right now that the Fed is closer to done. The minutes threw lighter fuel on that one.»
Author: Stephen Stanley
«The ISM manufacturing index moderated significantly in December, moving from torrid to healthy territory.»
Author: Stephen Stanley
«We think the economy will grow stronger for longer than the market and the Fed do. We look for substantial further tightening to be required.»
Author: Stephen Stanley
«The overall manufacturing sector is doing OK with the exception of autos. We continue to see recovery in the industries that were hit by the hurricanes, and then on top of all that it was a cold December.»
Author: Stephen Stanley
«The crux of the statement was unchanged (from the last meeting), ... They said that policy remains accommodative, but that the central bank will respond to changes as needed. That's been the mantra since the tightening period began last June.»
Author: Stephen Stanley
«The stock market has been pretty stubbornly hewing to the idea that the economy is slowing down and the Fed may stop soon, ... So to the extent that people perceive the statement as a little more hawkish, it's maybe upsetting.»
Author: Stephen Stanley
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