While energy prices are a major concern and price pressures are in the factory pipeline, business is still quite good.
More Quotes from Stuart Hoffman:
We've heard some disappointing reports about the final couple of weeks before the holidays, so we won't see as big of an increase in December, ... but when you combine November and December, this is about the best holiday season we've seen since 1999.Stuart Hoffman
The bottom line is that Greenspan is in no way signaling that the Fed's tightening ballgame against inflation is nearly over.
Stuart Hoffman
People's wages are going up, but they are not keeping up with inflation.
Stuart Hoffman
Health care savings accounts don't tackle the problem of rising health care costs. This is not an attempt to rein in the cost of health care. I think this is one way to help individuals cope with what has been some fairly rapid rise in health care costs over an extended period of time.
Stuart Hoffman
The bottom line is it is a very solid report, but with continued inflationary pressure building up, it will make it easy for the Fed to conclude (Tuesday's meeting) with a quarter-point increase,
Stuart Hoffman
This is a very weak number and well below what everyone expected. It's not the kind of report the Fed likes to see, but I think they'll recognize that the economy is already rebounding and raise the federal funds target rate to 4.5 percent.
Stuart Hoffman
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Based on Topics: Business & Commerce QuotesWe can do anything we want to if we stick to it long enough.
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The essential job of government is to facilitate, not frustrate, job development.
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I have been threatened occasionally. But that happens to everybody who is writing this kind of things. Threats will come without fail. It might happen to the most 'innocent' texts. If it gets too much we call the police.
Steig Larsson