Growth is strong. Inflation is making them a little nervous, even though they reiterate that core inflation and long-term inflation expectations are contained.
More Quotes from Drew Matus:
People are breathing a sigh of relief and bought a few bonds and stocks. Everyone plays, everyone wins.Drew Matus
There seems to be a fight about every nomination that Bush puts up. But even if it was a 51-49 vote, it's not like they can recall him.
Drew Matus
Higher oil increasingly will creep into the indicators. Today, it biased the trade gap higher and pushed up import prices and also impeded the consumer sentiment number.
Drew Matus
Nobody's going to default in the U.S. Treasury market. The biggest concern I have is that not everybody understands that, and some people understand it better than others.
Drew Matus
When you have MA activity, strategic decisions are being made, and that's a development that only occurs when people are very confident and looking towards the future. That will help the economy, and we will have hiring.
Drew Matus
The labor market is hot and getting hotter, and that is one of the reasons the Fed continues to raise rates.
Drew Matus
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