Drew Matus Quotes (55 Quotes)

There are figures that show roughly 50 percent of households have exposure to equities in some form, and clearly we would start to see a dip in consumer confidence and some retrenchment in spending from the recent sell-off, I don't think this is necessarily the beginning of a bear market.

An extraordinarily weak figure for August. As a result, we are lowering our Philadelphia Fed survey forecast to 18.0.

This is obviously an extraordinarily strong report, led by the consumer, but also with good signs about the state of the business sector and business confidence.

On a real basis the trade deficit widened by over 1.7 billion for the month and places the trade balance on a trajectory that would likely reduce fourth-quarter GDP growth by more than 0.5 percent.

Looking ahead, we can't see what is going to cause a downturn of enough significance to take inflationary pressure out of the economy and cause the Fed to stop raising rates.