On balance, I think it's the latter. In most businesses, inventories are in line with sales expectations.
More Quotes from John Silvia:
In no way is that positive for the administration in the fall. We are going to be in Iraq at the same time. It's war and the (slowing) economy. That has to be negative for the administration.John Silvia
We're expecting housing to be flat in the second quarter and a drag on economic growth in the third quarter and fourth quarter.
John Silvia
This good news supports the view of continued economic and employment gains with limited upside risk of rising interest rates.
John Silvia
I suspect that there's a little optimism that the Fed will signal that they are just about done, that they'll change their language from saying 'further policy firming may be' to saying it 'might be' needed.
John Silvia
I think futures are up because people are looking ahead to today's numbers and seeing that this economy continues to move ahead very nicely, no matter what problems a specific company may be reporting.
John Silvia
The decline in retail, leisure and transportation employment suggests rising business caution independent of any short-term storm,
John Silvia
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Based on Topics: Balance Quotes, Business & Commerce QuotesI don't believe in pitfalls. I believe in taking risks and not doing the same thing twice.
Guy Laliberte
Science has explained nothing; the more we know the more fantastic the world becomes and the profounder the surrounding darkness.
Aldous Huxley
I shudder at the image they would piece together.
Roger Vadim