The employment number that came out last Friday is consistent with a muddling economy. It's a fait accompli that the Fed will go up just a quarter point,
More Quotes from Jeffrey Saut:
I'm not bearish. I don't think we're going into a recession and I'm not worried about deflation ... But earnings growth should only be about 7 to 8 percent this year and guidance for earnings keeps coming down.Jeffrey Saut
The narrowing of the trade gap and claims coming in at four-year lows has a lot to do with today's market action.
Jeffrey Saut
If you think you can recklessly buy stocks you have to be assuming more than a V-shaped recovery in earnings -- you have to be assuming a hockey-stick shaped recovery.
Jeffrey Saut
I don't pay much attention to what the Fed says because I don't know what they mean when they say it. It's like Nostradamus. These folks talk in quatrains. It's kind of comical as everyone tries to dissect this stuff,
Jeffrey Saut
The big concern is future inflation and the Fed is viewing that through the labor market. Wage growth continues to be muted.
Jeffrey Saut
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Based on Keywords: accompli, fait, muddlingNow, I've never flown in space; but the folks who have say that on landing day, you know, you've just spent maybe a week and a half, sometimes two weeks in orbit and you're used to the things happening slowly in space.
Duane G. Carey
I will give you a definition of a proud man: he is a man who has neither vanity nor wisdom one filled with hatreds cannot be vain, neither can he be wise.
John Keats
Our senses convey that all is not well with the natural world.
Peter Garrett