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Letter "C" » Chris Low Quotes
«oil had a measurable impact on prices paid before the storm (Hurricane Katrina). Given the fact that we are now seeing energy supply interruptions the prices paid index will almost certainly be back above 70 next month, and it's very likely the headline index will fall further on weakness in both production and orders.»
«For the moment, the big thing is rebuilding and it's going to be hugely expensive and acrimonious.»
«The 0.5 (percent rise) is a solid gain. It is a nice rise.»
«It is difficult to make the case this index will continue to rise at a healthy clip.»
«They (China) ship a lot of goods to Wal-Mart. Wal-Mart pays for these goods in dollars and manufacturers in China trade these for China's local currency and eventually the dollars work their way into China's central bank.»
«If they diversify from the U.S. dollar denominated assets, it would lower the value of the U.S. dollar relative to China's currency, the yuan, and make it more expensive for American companies to buy goods made in China.»
«The trade deficit widened to a record in September, as expected. But it wasn't the oil story we were all looking for. Instead, it boils down to Boeing and Airbus, with the European firm holding the cards this time around,»
«Ex-transport is only barely up, and the decline last month was only marginally revised, so it's a bit disappointing, because it marks essentially the fourth month with no orders growth at all,»
«It appears the fear of temporary inflation pressures associated with disrupted energy supplies and rebuilding outweighed the fear of temporary economic distress,»
«It appears the fear of temporary inflation pressures associated with disrupted energy supplies and rebuilding outweighed the fear of temporary economic distress.»