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Letter "M" » Michael Strauss Quotes
«The Chicago PMI helped, but the economy is doing better and we know the fourth-quarter will have some of the effect of the hurricane, but the market is ready to withstand that.»
«While the CPI print was a bigger drop than expected, there are some components that show some price increases. That probably implies core inflation is starting to creep up.»
«Investors are relieved that he's continuing the same tone and isn't changing things.»
«The market is preparing for a pretty good bounce in employment. What that means, though, is some more concern about inflation as demand increases.»
«The sell-off in the bond markets, not only here, but in global bonds, is scaring a lot of investors. At the same time, we are seeing a rotation from some of last year's bigger gainers, such as the energy companies, and people are just taking profits on those big names.»
«We support reform of the U.S. immigration system, but we also estimate about 20 percent of the current residential construction workforce nationwide is composed of foreign-born workers.»
«They (immigrants) are productive workers and they are needed in our industry.»
«An efficient and effective guest worker program should be created in order to stop the incentive for illegal immigration into the U.S..»
«The current system doesn't provide for enough visas. It's plagued with an enormous backlog and doesn't provide enough visa categories to support the U.S. economy's demand for workers.»
«Business owners have a responsibility to ensure their workers are eligible to work in the U.S.. But 80 percent of our members are small business owners that build less than 25 homes a year. The government can't expect small business owners to handle this burden of policing and should take the role of making sure workers are documented.»