There are a number of things weighing heavily on corporate decision making. They're hesitant to go forward with anything above the bare necessity to keep their business profitable.
More Quotes from Richard Yamarone:
Retailers and construction companies just weren't hiring last month. Retailers did less hiring this holiday season.Richard Yamarone
As it stands right now, we're looking down to about 2.5 percent GDP growth in the second quarter and third quarter, which is perfect for what the Fed would want. That would really play into them well and certainly avoid any rate hike.
Richard Yamarone
Good news is when we get gains of 100,000 or 200,000 -- September's number could very easily be revised to negative 57,000, ... One month does not a trend make.
Richard Yamarone
By historical comparison, theres not an economist on the street that can call housing weak right now. If this is the soft patch, its pretty darn good for a soft patch.
Richard Yamarone
Consumers are partying like it's 1999, ... They are celebrating their full-employment status and they are spending. The punch bowl is only spiked with 1-12 percent inflation, which isn't anything.
Richard Yamarone
The argument is that Venezuela is not willing or they're not going to be able to (comply with the cuts). Here it is eight, nine days later and they're already backing out. We knew it wasn't going to last, but this is a little on the ridiculous side.
Richard Yamarone
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Hollywood is like being nowhere and talking to nobody about nothing.
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America is a hurricane, and the only people who do not hear the sound are those fortunate if incredibly stupid and smug White Protestants who live in the center, in the serene eye of the big wind.
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