On the economic plate, next week's really pretty light. The big event is the big event, four letters F-O-M-C. After the week we just had, we about cleaned up everything we now have plenty of time to focus on the Fed.
More Quotes from Robert Brusca:
Oil prices going up is not inflationary. Inflation is too much money chasing too few goods.Robert Brusca
We're getting some very good spending going into the first quarter. It's interesting that while there is spending optimism, consumers are still clearly divided into two main categories -- those with lots of money and those that are hurting. That's why these monthly results have shown so much irregularity.
Robert Brusca
The Fed has never said this borrowing is a mistake and that this is a problem.
Robert Brusca
I have no plans to do anything with it probably put it in the bank. I'm not going to change my spending habits.
Robert Brusca
Wal-Mart still has good prices for 11 months of the year. Consumers won't damn them for one slippage in November, ... But Wal-Mart has some fierce and desperate competitors forming alliances.
Robert Brusca
As the rest of the world begins to recover and capital finds a better home overseas because U.S. bond yields don't look attractive and the U.S. stock markets looks like it fully valued or overvalued, ... (then) money doesn't flow here. And when money doesn't flow here, it starts to push bond yields up, and that starts to slow our growth and make the stock market look worse, and you start to get into this vicious circle instead of this wonderful circle you're in now.
Robert Brusca
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