I think there's gong to be hurricane effect for next couple of readings. It's not just Katrina and Rita. Hurricane Wilma was causing evacuations, business closings in October.
More Quotes from Jeoff Hall:
The market is looking for 50 basis points and they have it priced in. Either the market has it wrong or the academics have it wrong, but either way next week's economic numbers will be crucial.Jeoff Hall
What we take away as significant is a slightly bigger drag on first-quarter GDP as a result of the revision to March and starting off the second quarter with lackluster trade, which would exert a higher drag on GDP.
Jeoff Hall
Manufacturing is not a majority of the labor market any more, but I would expect services will continue to show the trend growth.
Jeoff Hall
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Based on Topics: Business & Commerce QuotesBased on Keywords: closings, evacuations, gong, wilma
A warrior is free to be a hero and pull off daring do and the soldier is irresponsible if he does it.
C. J. Cherryh
He that will be angry for anything will be angry for nothing.
Sallust
Sing the songs of joy to the Lord, serve the Name of the Lord, and become the servant of His servants.
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