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Letter "S" » Stuart Hoffman Quotes
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«Clearly the Fed's main eye is on inflation. They are more worried about inflation because they view the setback to economic growth as temporary.»
Author: Stuart Hoffman
«At the same time, many retailers and the automakers have had good June numbers, despite the rise in oil prices (over the last month). Overall, there's some relief right now that the economy is indeed strong, but not overheating.»
Author: Stuart Hoffman
«The bottom line is that Greenspan is in no way signaling that the Fed's tightening ballgame against inflation is nearly over.»
Author: 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.»
Author: Stuart Hoffman
«An unemployment rate below 5 percent is a sign that the job market is getting tight. These kinds of job and wage numbers will keep consumers spending right into spring.»
Author: Stuart Hoffman
«It's a very good report. That's good news post-hurricanes. It shows us the job market is alive and well.»
Author: Stuart Hoffman
«I think the report was quite strong and will ultimately be positive for stocks.»
Author: 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.»
Author: Stuart Hoffman
«He agrees that another ... rate hike at the March 28 (meeting) will be needed.»
Author: Stuart Hoffman
«I think he was signaling to the market that yes, there is another (quarter-point) rate hike coming in March and possibly in May, but that will be data dependent. He essentially confirmed what the market has already been pricing in, in terms of rate hikes.»
Author: Stuart Hoffman
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