With three negative reports in a row, it's ugly. What we are seeing is two things it is the storms and a pre-existing condition that came with the end of auto discounting. Part suppliers and their raw materials suppliers benefited from auto sales incentives.
More Quotes from Chris Low:
It's hard to imagine anybody having the backbone that Greenspan brought to the job, the ability to withstand months and months of criticism and stick to his guns.Chris Low
The Fed would only pause on the GM news if there were some indication that the news threatens the health of the economy as a whole or the health of the financial markets as a whole.
Chris Low
What's striking is how much it looks like the statement from the last three meetings.
Chris Low
The trade deficit widened to a record in September, as expected. But it wasn't the oil story we were all looking for. Instead, it boils down to Boeing and Airbus, with the European firm holding the cards this time around.
Chris Low
It does look like the economy is losing steam. After two years of Fed tightening, it's simply gotten more expensive to finance whatever it is you're trying to finance.
Chris Low
It is difficult to make the case this index will continue to rise at a healthy clip.
Chris Low
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A jury consists of twelve persons chosen to decide who has the better lawyer.
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Growth, in some curious way, I suspect, depends on being always in motion just a little bit, one way or another.
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