It's going to take a lot more than one month to convince me we are in a worrisome trend.
More Quotes from David Resler:
All of this, in terms of the FOMC becoming data dependent, comes as no surprise, and the new Fed chairman has an open agenda from which to work.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
Claims continue hovering slightly above the 300,000 mark, implying strong, steady labor market conditions.
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
In today's integrated global economy, given the liquid nature of capital flows, an individual trade balance doesn't mean so much. A lot of the anxiety is overblown.
David Resler
Very large swings in seasonal employment during and after the holidays typify the job market at this time of the year.
David Resler
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