It's obvious the market isn't buying into a weak U.S. economy story despite the unexpected softness in Friday's data.
More Quotes from Bob Lynch:
The idea that both prices paid and received rose is consistent with what the Fed has been saying a lot this week, which is that they are still concerned with inflation.Bob Lynch
Intervention can be effective in the short term, but it doesn't do much to arrest the bigger issues. The market would appreciate structural reforms, such as tax reform, labor reform and pension reform.
Bob Lynch
The market has come to realize that any European rate hikes won't measure up to what is coming from the Fed,
Bob Lynch
The euro will go up, ... Market participants are waiting for more consistent evidence of a U.S. slowdown.
Bob Lynch
Few thought the United States would come in to begin with.
Bob Lynch
The jobs number doesn't change the perception that the U.S. economy is working through the slowdown and that it will continue working it out for the rest of the year,
Bob Lynch
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The public be damned.
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Norm Coleman