This is a disconnect job growth is psychologically and practically the core of what's happening in the economy. In sharp contrast, the oil price is volatile. It's certainly not meaningless, but it's subject to so many variations that it doesn't have the same importance.
More Quotes from William Hummer:
I expect there will be improvements in the trade balance and business investment and in inventories so that the overall pace of activity will accelerate in the third quarter,William Hummer
We're entering a seasonal period now, pre-Thanksgiving, pre-December holidays, where we often see a stock advance,
William Hummer
There are a tremendous amount of investors who are very happy with the floor system, ... That is not to say that over years advances in technology and efficiency won't change that. My perception is that the change will be glacial, not abrupt.
William Hummer
worst world monetary crisis since World War II.
William Hummer
It creates a short-term hesitation and a wait-and-see attitude, which will be ameliorated and will wear off in a fairly short time, ... And the more of these terror alerts we have, the quicker the wearing-off process.
William Hummer
The services sector is showing some inflationary pressure, and wages are starting to climb.
William Hummer
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