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Letter "M" » Mark Vitner Quotes
«It really depends on when you get the flat curve. Right now with the low rates, I don't see dire implications from a flattening yield curve. It just is accurately indicating that the economy is slowly or moderating.»
«The prices paid is still way up there, inflation is still running a little hot, enough that the Fed will continue to raise interest rates.»
«I'm not too sure we're going to hear that much that will disturb markets, but I'm sure he'll say at least something hinting that long-term interest rates are too low,»
«I don't think there's much doubt the Fed will raise rates by a quarter point each of the next three meetings. Even a really strong report probably won't cause them to raise rates by a half-point.»
«If you wait for the wage increases to show up in the report, they're behind the curve.»
«They rely on a lot of other things. When you look at economy in its totality, virtually everything is stronger than the employment data.»
«I think Ferguson might be the best vice chairman we've ever had.»
«We're likely to see large upward revision to earlier data, so it'll be harder for January to show a big gain.»
«It either means the economy is losing momentum or the (Bureau of Labor Statistics) is losing touch what's actually happening in the economy. Right now I don't know what side to come down on. My sense is that job growth has been stronger than reported.»
«The problem with the November employment numbers is hiring for the holiday season. It's hard to get a gauge of what it's going to be. They do a seasonal adjustment to the number to account for that, but the seasonal adjustment causes wider swings. And this year Thanksgiving came later in the month, so hiring might have started after the November data was collected.»