It is magnificent that inflation continues to be low, but retail sales are smoking.
More Quotes from Neal Soss:
Warmer than normal Januarys have a penchant for producing surprisingly strong payroll numbers.Neal Soss
The Federal Reserve has been for some time thinking of the economy as having two diametrically opposing influences strength domestically and weakness overseas. There's nothing we've learned (today) that changes that view.
Neal Soss
It's a matter of words that don't have much content. The fact that they've said they have a bias to tighten means nothing if meeting after meeting nothing happens.
Neal Soss
The good news from market perspective is that if the economy is slower, all else equal, that takes pressure off the Federal Reserve.
Neal Soss
Once upon a time, business solved its problems by raising prices. Now, they solve their problems by cutting costs and getting better productivity. It reflects that productivity but doesn't force pricing, doesn't constrict profit margins. It's what an economy's supposed to do.
Neal Soss
This committee still seems predisposed to raising rates a bit more, and the burden is on the data to tell them otherwise.
Neal Soss
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Based on Topics: Sales Quotes, Smoking QuotesWhen there is life and mankind, a person will live striving for good deeds, liberty and a bright life, and wish that goodness and justice will reign in the world.
Islom Karimov
One thing I never want to be accused of is not working.
Don Shula
It is not short of amazing, the power of a great idea to weld men together. There was in it a peculiar, intense, vital spirit if you will, that I have never felt before in any strike.
Ray Stannard Baker