The U. S. economy is simply stronger than that of most of our trading partners and modest currency movements have proven insufficient to remedy the balance.
More Quotes from Stephen Stanley:
There is sufficient upbeat news on the economy to convince the FOMC to tighten. If the economy warrants a rate hike, the Fed would be doing a great service by delivering.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
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
The labor market is very healthy, with both jobs and wages advancing at a nice clip. This means that households will have plenty of cash to support consumption in 2006.
Stephen Stanley
There's a game of chicken going on with traders wanting to go short but too afraid of month-end demand to risk it, ... Anyway, nobody wants to be short in a holiday week when anything might happen geopolitically.
Stephen Stanley
It is a little early to eulogize the housing sector. Look for any deterioration in starts, sales, etc., to be more gradual than the weather-depressed December starts tally would suggest.
Stephen Stanley
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Based on Topics: Balance QuotesI will continue my activities related to education in one way or another. I certainly would have at the top my agenda, with respect to education, the need to do much better with modern educational technology.
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The truth of the matter is the real industry is in LA and the cream of the talent is there.
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Fear is something to be moved through, not something to be turned from.
Peter McWilliams