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Letter "S" » Stuart Hoffman Quotes


«It's clear that job growth in the last three months has been as slow as it has been in quite a while. It is a picture of a somewhat slower or weaker job market.»
«The underlying message here is that the Fed is rounding for third and heading for home plate. But they are not finished playing yet.»
«I think the Fed will move a quarter of a point at the end of June, then they may pause. I don't think they're going to stop. I don't think the ball game is over. I think if we are in the late innings and it's still a tie between the risks of higher inflation and slower growth, as Dick Fisher did say, this could go into extra innings.»
«The report is stronger than appears on the surface. Unlike other parts of the economy, manufacturing activity moved up, so I would say in general this is a pretty solid report. Utility output was down probably because of the relatively cool summer we had.»
«The CPI captured the center stage as it's the biggest one-month increase in 25 years, ... We certainly know why, with energy prices having skyrocketed.»
«Clearly the Fed's main eye is on inflation, ... They are more worried about inflation because they view the setback to economic growth as temporary.»
«A 25 basis point (quarter percentage point) hike next week is factored into the market, what this does is add to the odds that they'll do another 25 in September, November and December,»
«At the same time, many retailers and the automakers have had good June numbers, despite the rise in oil prices (over the last month), ... Overall, there's some relief right now that the economy is indeed strong, but not overheating.»
«We're still in the first or second innings of the ballgame of replacing Greenspan, ... But it's not like the game hasn't begun.»
«We're still in the first or second innings of the ballgame of replacing Greenspan. But it's not like the game hasn't begun.»

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