The labor market has been strengthening for a while, but it may be that people are finally starting to become believers in it.
More Quotes from Patrick Fearon:
The fact that the final number is higher than the preliminary number shows that the American consumer is not going to be easily intimidated.Patrick Fearon
The drop in jobless claims is a darn good number. A number in the range of 325,000 to 350,000 is a level that is more consistent with healthy economic growth.
Patrick Fearon
Firms are trying very hard to hold onto their existing workers. Other reports are suggesting firms are also hiring new workers. All that translates into a healthy demand for labor.
Patrick Fearon
The housing starts figure coming in down 5.6 percent was weaker than expected and seems consistent with our thesis that the housing sector is moderating. The big decline in housing permits reinforces that idea.
Patrick Fearon
Even though that was an 11,000 increase, you have to say claims remain relatively low and certainly in the range we would expect in a strong labor market.
Patrick Fearon
Manufacturing in broad terms is enjoying a very robust period even if certain sub-industries are struggling. It's probably another piece of evidence that the Fed could potentially be raising interest rates after the May 10 monetary policy meeting.
Patrick Fearon
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Based on Topics: People QuotesPerhaps our only sickness is to desire a truth which we cannot bear rather than to rest content with the fictions we manufacture out of each other.
Lawrence Durrell
It takes a person who is wide awake to make his dream come true.
Roger Babson
It is always pleasant to be urged to do something on the ground that one can do it well.
George Santayana