We already knew that economic growth in the fourth quarter was depressed. The pace of economic growth in the first quarter may be three times as fast, generating a lot of momentum as we head into the summer.
More Quotes from Richard Yamarone:
We are going to have a winter of discontent.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
The industrial production number is the benchmark -- other surveys, while they're good, pale in comparison to the strength this indicator has.
Richard Yamarone
But analysts noted many market participants choose to remain sidelined until the release of Friday's key employment data. Friday's payroll number is critical, ... Not too many people are willing to take large positions ahead of the number.
Richard Yamarone
We have not seen any inflation yet, but what we have heard is an inordinate number of price increase announcements in the third or fourth quarter, but they were not supposed to take effect until Jan. 1.
Richard Yamarone
The big problem now is what does the Fed do with this. How does the Fed take the foot off the brake when you have stellar job creation and signs of increasing inflation
Richard Yamarone
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Bob Cousy
I think that's so strange, because they do know that we're all actors and we perform things that have not necessarily anything to do with us personally.
Werner Klemperer
He had a lot of talent, but didn't have much dedication, wasn't organized, didn't know how to learn, didn't know how to comprehend what he was doing, didn't try to learn how to get better.
Jack Nicklaus