Regardless of whether this upcoming release shows inflation today, given the supply shock to oil, we're expected to see inflation move higher in the next few months. It would certainly put a fork in the concept that the Fed has the opportunity to pause.
More Quotes from Barry Ritholtz:
If you look at which sectors have done particularly well this year, including home builders, mining, energy, other commodities, they have done well because of unusual factors, ... such as the still historically low interest rates, which are already rising, or demand from China for commodities.Barry Ritholtz
We need to see a confirmation in the next few weeks. We need another session of gains of 1 to 2 percent for all the major indexes before I'll be confident that this is a bottom.
Barry Ritholtz
The Fed doesn't have to jack up rates really quickly since other economic indicators are softening. Capital expenditures are modest and employment figures are anemic, so the biggest danger the Fed faces is smothering the recovery.
Barry Ritholtz
Markets don't make a top and then slide, topping is a process. Typically markets make an initial top, back off, try to surpass it, and can't do it.
Barry Ritholtz
We see inflation rearing its head across the board. Contrary to what a lot of people have been saying, it's not just energy.
Barry Ritholtz
We've got a nice snapback today. We got shellacked over the last few days, so it's not surprising to see a little bounce back.
Barry Ritholtz
Readers Who Like This Quotation Also Like:
Based on Topics: Opportunity QuotesBut I don't think the popularity of flying has diminished a bit.
Gerard Arpey
I have been overcome by the beauty and richness of our life together, those early mornings setting out, those evenings gleaming with rivers and lakes below us, still holding the last light.
Anne Morrow Lindbergh
I think that after Church got his Ph.D. he studied in Europe, maybe in the Netherlands, for a year or two.
Stephen Cole Kleene