But analysts noted many market participants choose to remain sidelined until the release of Friday's key employment data. Friday's payroll number is critical, ... Not too many people are willing to take large positions ahead of the number.
More Quotes from Richard Yamarone:
Make no mistake about it. Inflation is building in the pipeline. It is no longer a matter of if, but when, those price pressures will start to affect the general price level.Richard Yamarone
I give him an A-plus. Job 1 was, 'Don't upset the market,' and he didn't do that.
Richard Yamarone
Consumers are partying like it's 1999, ... They are celebrating their full-employment status and they are spending. The punch bowl is only spiked with 1-12 percent inflation, which isn't anything.
Richard Yamarone
August isn't exactly a barnburner for job creation. It didn't appear as if corporate America flicked on the hiring switch last month. I think there were a lot of problems plaguing big business. So I don't think we're going to get a big jobs number.
Richard Yamarone
You haven't heard one story in the last ten months, 12 months, of any company saying, hey, we have intentions of hiring. We're going to be hiring. No company has said that.
Richard Yamarone
Inflation is not a problem and generally isn't during periods of economic weakness, ... This is simply because producers cannot pass along increased prices.
Richard Yamarone
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Based on Topics: People QuotesBased on Keywords: fridays, sidelined
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