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Letter "J" » Joshua Feinman Quotes
«It's not like turning on or off a light switch. It's not like all hell breaks loose at $50.»
«It's already been working to dampen demand and cut into purchasing power. The longer it stays here, the longer that impact will last.»
«Some of the other indicators are suggesting more strength than we see in payrolls. Whether that will be rectified with revisions, or simply with stronger numbers going forward, it's hard to say -- but I would anticipate that, at some point the payroll numbers, will be stronger.»
«They are a bit more sanguine about inflation than the market has been, and they've been trying to tell people that. It doesn't mean they have their head stuck in the sand. With the last sentence of their statement, they leave themselves plenty of flexibility.»
«If firms need pricing power, they should be clamoring for the highest possible rates of inflation. Firms don't have pricing power, but they can still make money, and a lot of it.»
«It's still meaningful -- it's a sector that accounts for a lot of swings in activity.»
«That just speaks to what a big hit manufacturing took and how long a way we have to claw back to reasonable rates of utilization.»
«This is more corroboration that the economy, particularly the production side, is responding to the pick-up in demand we saw in the third quarter.»
«We've been talking for a long time about capital spending growth being a key component of the sustainability of this recovery. You have to be encouraged about what we've seen.»
«To get faster job growth, we're going to need either faster aggregate demand, which seems hard to fathom, or we're going to need some diminution of the recent extra cyclical pop in productivity, ... When will that start? Anybody who says they know is lying.»

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