It was a great report, although one month does not a trend make.
More Quotes from Michael Darda:
If you look at the data, we are seeing a subtle, upward pressure on core inflation.Michael Darda
Everything changed after 9-11. There is a panic premium in prices today, driven by perceptions that supply and production are centered in countries that could fall into political turmoil.
Michael Darda
Inflation has boxed the Fed in, they are going to have to keep moving rates up.
Michael Darda
If we get anywhere close to the forecast, its going to be negative for bonds, cause that market has depended on a miss on payrolls in recent months.
Michael Darda
There's no real change in the rhetoric. He's talking about risks to economic growth, but within the overall context that monetary policy can respond.
Michael Darda
The bottom line is that it's best to look at what the companies are actually doing rather than pay too much attention to what they're saying.
Michael Darda
Readers Who Like This Quotation Also Like:
Gotham Games called me, and I could not be more thrilled. I've been waiting to be in a video game forever, so when they called there was no hesitation.Cindy Margolis
All earthly delights are sweeter in expectation than in enjoyment; but all spiritual pleasures more in fruition than in expectation.
Francois Fenelon
They were the largest semiconductor maker in the world up until about 1980. I'm not sure that that can be re-gained again, but their progress in the last few years has been very impressive.
Jack Kilby