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Letter "J" » Josh Stiles Quotes
«The economic numbers didn't really have an affect on the (bond) market, ... Housing starts were strong, but . . . the market was already reaching support in the softer stock market and softer manufacturing numbers.»
«We're getting all this new supply later in the week and people are asking whether they really want to buy it at these levels.»
«We saw moderation in the indices on prices paid, employment, and six-month business conditions outlook. That offset the impact of the headline number.»
«We still need to keep the inflation pressures from building or there will be a problem in the future.»
«A lot of Friday's action was due to short-covering after the labor report looked weaker than people had expected. But the upcoming supply forces people to question whether they really want to endorse these lower yield levels.»
«In a short-term perspective, the market has found a top and needs to consolidate.»
«He's been wrong about what's happening with inflation for two years. He's more focused on structural disinflation forces than he is on the cyclical inflationary forces from excessive accommodation,»
«The Chicago PMI sent us back to near the lows, though we had seen the bond market handling some heavy selling before then,»
«It doesn't look like from what we are seeing this morning that the economy is recessionary, and now it's probably going to cast some doubt on how aggressive the Fed is going to want to be from here,»
«I think (the GDP and ECI figures) will tell the market that the economy is not cooling much and that wage pressures are building,»