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Letter "G" » Gary Thayer Quotes
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«We're still in a seasonally weak period of year, where companies are trimming workforces. It weighs on people's minds when they hear about companies cutting back.»
Author: Gary Thayer
«The bond market took the GDP number positively. It had expected stronger growth and some people may now be reminded that the Fed will not be quick to raise rates.»
Author: Gary Thayer
«The personal consumption expenditure (PCE) price deflator was revised from 0.7 percent annual rate to 1.0. That's still very low, but it was revised upward instead of downward. There is possibly some building inflationary pressure, but it's still very benign.»
Author: Gary Thayer
«Inflation is creeping up, but it's not out of hand. I think that's pretty important. The bond market may have discounted a worst-case scenario over the last couple of months on inflation, and now maybe traders won't have to worry about the Fed moving too fast.»
Author: Gary Thayer
«We're still getting some mixed data because of the impact of the hurricanes, but the underlying economy still looks healthy. So I don't think today's data change the Fed's thinking about raising interest rates.»
Author: Gary Thayer
«With the focus on the Federal Reserve, the PPI is probably more important to the market.»
Author: Gary Thayer
«With the focus on the Federal Reserve, the PPI is probably more important to the market ... core prices improved only modestly and that's good news for the Fed.»
Author: Gary Thayer
«It looks like consumers are feeling at least better about the current situation. But I still think there is a lot of uncertainty about the future. The geopolitical news is not very comforting.»
Author: Gary Thayer
«It just looks like manufacturing in the Midwest cooled off a bit in January, but remained healthy.»
Author: Gary Thayer
«It still shows a pretty healthy economy at this point. The manufacturing side of things and business spending will be good this year.»
Author: Gary Thayer
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