I wouldn't disagree with some of the things he said, but I don't know why he said those particular things at this time.
More Quotes from Gary Thayer:
Along with the rise in non-fuel import prices, this suggests the weaker dollar is taking competitive pressure off of businesses, giving them the extra pricing power they didn't have a couple of years ago.Gary Thayer
Looking back, it is understandable why the Australian and New Zealand currencies peaked in early 2005. That was about the same time that the demand for crude oil also started to moderate.
Gary Thayer
The employment component was just a tad lower than what we saw in November so it's still a healthy number.
Gary Thayer
Now that we're in a more open economy, and there's a lot more opportunity to get goods from overseas, if manufacturers are operating at full capacity, there's less likelihood that somebody will bid up prices at a domestic producer if they can get it somewhere else.
Gary Thayer
The good news is that what we've seen is an unchanged reading for the nonpetroleum items and it looks like what we're still seeing is lower prices for many consumer items.
Gary Thayer
The bond market liked the inflation data. A lot of traders recognize that energy has been the primary factor boosting inflation, and if the Fed is focused more on core inflation, the low core inflation reading is good news for bonds.
Gary Thayer
Readers Who Like This Quotation Also Like:
Based on Topics: Time QuotesWhen the Internet publicity began, I remember being struck by how much the world was not the way we thought it was, that there was infinite variation in how people viewed the world.
Eric Schmidt
The United States are a political state, or organized society, whose end is government, for the security, welfare, and happiness of all who live under its protection.
William H. Seward
I could never accept findings based almost exclusively on mathematics. It ain't ignorance that causes all the trouble in this world. It's the things people know that ain't so.
Edwin Armstrong