All eyes will now shift to next week's employment report. The figures we've seen over the past few weeks suggest it will be quite weak. The report may be enough to push the Fed into giving the economy another shot in the arm at their next meeting.
More Quotes from Oscar Gonzalez:
The trade gap is a canyon and I see no reasonable expectation of it narrowing anytime soon.Oscar Gonzalez
If, as expected, the October employment report shows a sharp rise in unemployment and a sharp decline in job growth, it could be a crushing blow to confidence. Having a job is probably the single biggest factor in consumers having confidence.
Oscar Gonzalez
The overall trend is still pretty dismal in terms of imbalances between imports and exports.
Oscar Gonzalez
Inflation is on the mat and not getting up soon. With the U.S. economy still in a recession and economies around the world weak, demand is slack and resulting in no inflationary pressures at all. Simply put, no one can raise prices.
Oscar Gonzalez
Until businesses feel a real need for more hands-until productivity alone won't allow them to reach their earnings goals-they won't begin hiring.
Oscar Gonzalez
The labor market remains the Achilles heel of a robust economic recovery, ... With the Fed talking about lowering interest rates to zero to get the economy growing strongly again, getting people back to work and increasing demand may be the Fed's primary worry.
Oscar Gonzalez
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Based on Topics: Past QuotesIf your emotional abilities aren't in hand, if you don't have self-awareness, if you are not able to manage your distressing emotions, if you can't have empathy and have effective relationships, then no matter how smart you are, you are not going to get very far.
Daniel Goleman
I graduated from high school in '62 and I didn't know any people who were gay. I'm sure there were people, but I didn't know any. For years and years, I guess, I was very uptight about being a gay actor. I thought it would make me less hirable.
John Glover
Instead of trade policy that is beneficial to American businesses and workers as well as our trade partners, we have a flawed trade policy that hurts all parties.
Stephen F. Lynch