What really got everyone's attention was the decline in the unemployment rate.
More Quotes from Stephen Stanley:
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.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
Ironically, with all this strength, the net effect of these data on the fourth-quarter GDP number could be flat or possibly even marginally negative. This is because durable goods inventories were flat, which should more or less offset the positive influence of the stronger-than-anticipated December shipments figures. For first quarter GDP, however, these data are unambiguously positive.
Stephen Stanley
It's certainly an interesting time as we bump up against levels we haven't seen in quite some time.
Stephen Stanley
Oil is playing a positive role for stocks and the bond market today. Also, the markets are coming off a rough stretch, which makes this bounce pretty understandable.
Stephen Stanley
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Based on Topics: Attention Quotes, Unemployment QuotesScience always has its origin in the adaptation of thought to some definite field of experience.
Ernst Mach
One can not be just if one is not humane.
Luc de Clapier
When I look at the world I'm pessimistic, but when I look at people I am optimistic.
Carl Rogers