The consumer never really missed a beat, and now attitudes are beginning to catch up to reality. Once again, watch what they do, not what they say.
More Quotes from Stephen Stanley:
The employment number will be the key for the stock market next week.Stephen Stanley
The Fed can not be comfortable with the pace at which the labor market is moving tothrough full employment. Let the wage acceleration begin.
Stephen Stanley
The unemployment report, for once, was essentially as expected in November. The employment situation seems to have pretty much worked through the job losses associated with the hurricanes. Now, we wait for those jobs to be recovered over the next 3 to 6 months.
Stephen Stanley
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.
Stephen Stanley
The Fed will have to take rates beyond neutral to a somewhat restrictive pace. Today's data totally supports that view of the world and should...eliminate any doubts about the near-term course of monetary policy.
Stephen Stanley
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Parenthood is not an object of appetite or even desire. It is an object of will. There is no appetite for parenthood; there is only a purpose or intention of parenthood.
Robin G. Collingwood
The name of my condition is Cartilage Hair Syndrome Hypoplasia, but you can just call me Billy.
Billy Barty