I think we can look to several more months, if not years, of this kind of performance. This is a terrific inflation report - exactly the kind of thing we all like to see.
More Quotes from David Resler:
We're going to get some extra employment growth as people displaced by the hurricanes find their way back into the job market, and that's likely to continue in the first few months of this year.David Resler
It's the early signs of some cooling in this super-heated market. Fewer people qualify for loans and sales at these prices.
David Resler
Overall the 56.7 reading for the ISM index is consistent with (economic) growth in the first quarter running above 5.0 percent.
David Resler
The Fed is on hold indefinitely. It doesn't mean they won't make another move this year, but there is too little information to make another rate move in September.
David Resler
A reading as high as 58.5 is consistent with an economy that is growing at a healthy pace. We see encouraging signs of moderating prices, although the vast majority of purchasing managers seem to be facing higher prices.
David Resler
Nevertheless, money supply contractions are often harbingers of bad times ahead, and if this lasts much longer, people will get more concerned.
David Resler
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I'm a character actress.
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Naturally we are aware of the strength of our economy and naturally we don't want to downplay it.
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