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Letter "D" » David Resler Quotes
«The last month of the quarter tells you a great deal about how much momentum there was in spending, and it doesn't look to me like there was that much.»
«Generally speaking the November sales pace makes one wonder what is going on with housing starts.»
«Overall, the data for the capital goods sector remains somewhat erratic, but the underlying trend remains upward.»
«The Fed is on hold indefinitely. It doesn't mean they won't make another move this year, but there is too little information to make another rate move in September.»
«This is not a policy of indifference. This is a policy of additional restraint. Contrary to what they say, they think the inflation threat is graver than the threat to growth.»
«It's the early signs of some cooling in this super-heated market. Fewer people qualify for loans and sales at these prices.»
«One of these days, we're going to see an increase in non-farm payrolls for the manufacturing sector.»
«I think we can look to several more months, if not years, of this kind of performance. This is a terrific inflation report - exactly the kind of thing we all like to see.»
«It's as good as it gets. You've got low inflation, minimal wage pressure, great productivity, booming growth and strong demand.»
«It's going to take a lot more than one month to convince me we are in a worrisome trend.»