The employment number will be the key for the stock market next week.
More Quotes from Stephen Stanley:
I do not expect to see the Fed let its guard down on inflation any time soon even though the worst fears of energy pass-through have not come to pass.Stephen Stanley
If it didn't happen in the first quarter, it's going to have to happen at some point. If consumer spending or investment spending was a lot weaker than expected, it'd be a lot more troublesome.
Stephen Stanley
The indicators of prices ... are beginning to point more clearly toward inflation pressures.
Stephen Stanley
Heading into 2006, the fundamentals for business spending in equipment and software look solid. Firms will need to invest more to meet demand.
Stephen Stanley
The big picture for the consumer still looks good.
Stephen Stanley
We are seeing some improvement in foreign economies, but the imports are just so much bigger than exports you would have to have a big slowdown in U.S. demand to really make a difference. I don't expect to see any big improvement in the near term.
Stephen Stanley
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