This is good news. For all intents and purposes, this is really good data. Some equities should rally on this.
More Quotes from Richard Yamarone:
As long as there is a perception that higher prices are in the tea leaves, that's a problem certainly for policy makers. And I think that's why the Federal Reserve seems hellbent on raising rates.Richard Yamarone
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.
Richard Yamarone
I can't imagine that these energy prices aren't elevated through the winter. We anticipate even higher prices. Companies don't want to hire ahead of uncertainty.
Richard Yamarone
For all intents and purposes the Fed is going to move at a measured pace whether that word is in there or not. And now, the longer end of the yield curve should react more to Fed moves.
Richard Yamarone
Inflation pressures are rising, but at a subdued pace.
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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I'm social and I meet people and talk to people but I'm not looking for the ideal person to fit my mold and to raise my family with yet. I'm just kind of doing my thing and learning from the people I'm around and who I cross paths with.
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