The decline in productivity was a quirk of the slow growth of GDP in the fourth quarter, which we expect to rebound in the first quarter.
More Quotes from John Ryding:
Although the retail sales report was not as weak as expected, it does not change the picture of slowing consumer spending growth, especially since the auto sales data do not reflect Detroit's reality.John Ryding
There is no doubt in my mind that inflation is low and heading lower. I think the patient hand should be willing to accumulate bond positions here.
John Ryding
This means people will be able to go out and refinance their house where they may not have been able to do before and I think that we have to remember this isn't over. I suspect the Fed will cut rates again in November and that will continue to keep a lid on borrowing costs and hopefully will compensate for some of the lack of credit flows to corporations that problems in the bond market have caused.
John Ryding
This increasing activism by the Justice Department seems to be applying a model of competition that applied to 19th-century America, rather than 21st-Century America.
John Ryding
If we hadn't had Asia, there's no doubt that the Fed's economic model, with 350,000 job growth per month in each of the last four months, would have forced interest rates up.
John Ryding
I think we've moved beyond the 'flight to quality' stage. People are really looking at the inflation fundamentals.
John Ryding
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The complexity of the emotional life of the play is what you live to work on.
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'Cause I can make more money going in and doing my recordings and selling them through my entities that I have, rather than going to a record co. and them release a record and pay me 5 percent of what they make off it.
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