We got good news on inflation. People anticipate that with inflation still very low, the Fed will stay on hold for awhile.
More Quotes from Gary Thayer:
It speeds up the time that the Fed will probably think about raising rates and that's negative for fixed-income.Gary Thayer
We probably won't see good (employment) numbers in the next couple of months because of the loss of jobs in the Gulf Coast region,
Gary Thayer
We think the economy is poised to slow down and that's good news for the Federal Reserve.
Gary Thayer
The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.
Gary Thayer
We're not seeing a lot of strength in goods and services right now. Sales are mixed. Some categories are doing OK and others are weak. We're not seeing an outright decline.
Gary Thayer
We're still in a seasonally weak period of year, where companies are trimming workforces, ... It weighs on people's minds when they hear about companies cutting back.
Gary Thayer
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