We're looking at some positive expansion, solid growth in jobs and in general economic growth, and that's something we see continuing.
More Quotes from Jason Schenker:
Typically this time of year, we seek to build inventories. This is going to put us behind the eight ball going into the winter.Jason Schenker
With gasoline futures at records a nationwide average of 3 at the pump is likely in the near-term.
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Despite high energy prices, consumer spending will hold up relatively well. Consumer behavior is not changing a lot.
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The most disconcerting part of the PPI report today was the rate of final core producer price pressures in January.
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Such a strong report by a financial institution has to help others in the same sector. Rates have been rising but gradually, which gives some banks opportunity to adjust.
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The supply disruption premium has overwhelmed fundamental physical supply in the marketplace as issue number one.
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