If what we see in these surveys is truly the case, then there will be a clash in the boardroom as these two decide how best to move the company forward.
More Quotes from Stephen Stanley:
There is no signal that the Fed is nearing the end (of its tightening cycle), and that's been the one consistent thing.Stephen Stanley
The idea that the Federal Reserve is close to being done with interest rate hikes has certainly benefited the bond market, and stocks have benefited as well.
Stephen Stanley
We're in a pretty quiet time of the year. We've been pretty directionless today. Oil hasn't been doing much.
Stephen Stanley
The 'economy is weakening' crew will have a field day with this report. But until we see two weak numbers in a row, I am absolutely unconvinced. . . . Disappointed Definitely. Changing our big picture view No.
Stephen Stanley
The big picture is still that 10-year yields are up 100 basis points (1 percentage point) in basically a month, so to see a 5- or 10-basis-point pullback is not a big deal. It's just a wiggle on the charts. You will get wiggles here and there, and whether it's driven by surprises in economic data, or in geopolitics, oil prices or stocks is anyone's guess.
Stephen Stanley
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