People drew some comfort in the smaller-than-expected core index, but I think the core is a bit deceptive.
More Quotes from Stuart Hoffman:
These are exactly the kinds of things the Fed likes too see. Signs of a slowing in housing and still-contained inflation are the kinds of numbers that speak to the Fed stopping in May, making that their last rate hike.Stuart Hoffman
While energy prices are a major concern and price pressures are in the factory pipeline, business is still quite good.
Stuart Hoffman
It's a very good report. That's good news post-hurricanes. It shows us the job market is alive and well.
Stuart Hoffman
There is no question that we've entered a new era. The question seems to be how long it will continue, and the jury is still out on that one.
Stuart Hoffman
It's clear that job growth in the last three months has been as slow as it has been in quite a while. It is a picture of a somewhat slower or weaker job market.
Stuart Hoffman
I think the Fed will move a quarter of a point at the end of June, then they may pause. I don't think they're going to stop. I don't think the ball game is over. I think if we are in the late innings and it's still a tie between the risks of higher inflation and slower growth, as Dick Fisher did say, this could go into extra innings.
Stuart Hoffman
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Based on Topics: People QuotesBased on Keywords: smaller-than-expected
Some of the reviewers wanted less. Some wanted lots more. Some wanted lots more of something else. But these strips are exactly what they are.
Art Spiegelman
It isn't false modesty when I say this, but although I am supposed to be a famous person it doesn't mean anything to me. I just sit at home and work.
Gyorgy Legeti
People that seem so glorious are all show; underneath they are like everyone else.
Ralph Waldo Emerson