We've had this pattern of strong month, weak month lately. May numbers were weaker and the expectation is for June numbers to be stronger.
More Quotes from Stephen Stanley:
I think the next really big number for the market is next Friday's retail sales figures. Up until Friday, investors are going to be focused on oil prices, the earnings, and to an extent, the election.Stephen Stanley
It's certainly an interesting time as we bump up against levels we haven't seen in quite some time.
Stephen Stanley
The main story was oil. Volumes and prices both rose in June, so petroleum imports jumped sharply.
Stephen Stanley
One-year inflation expectations spiked from 3.1 percent to 4.6 percent, by far the highest reading since 1990.
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 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.
Stephen Stanley
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