Warmer than normal Januarys have a penchant for producing surprisingly strong payroll numbers.
More Quotes from 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
The word 'measured' could very readily disappear now. They'll probably tweak the words one more time in the direction of being that much more open-ended, but maybe with the emphasis on 'ended' than 'open.
Neal Soss
We had a great run. After a market has had a big run, you either get a correction in price or a correction in time.
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
We're accustomed to the insights of government officials being authoritative. Greenspan's comments may be wise, but they aren't actionable anymore.
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
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Based on Keywords: januarys, penchantThe difference between utility and utility plus beauty is the difference between telephone wires and the spider web.
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Basketball isn't as popular in Canada as it is in the US. Hockey is by far the most popular sport in Canada.
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In a separation it is the one who is not really in love who says the more tender things.
Marcel Proust