51 Quotes by Bruce Steinberg

The economy remains weak, but hints of stabilization are emerging.

The economy is still going very, very strong. I think in October the Fed will take a pass, what they do after that remains to be seen.

The economy is on the verge of recovery but the recession has not quite loosened its grip yet.

The complete lack of inflation puts the Fed in a bind. Recent remarks by Fed officials make it seem that they are hell-bent on tightening. But there is not much of a rationale that comes out of recent data.

The market has just dodged a bullet. What this report does is remove the likelihood of a Fed tightening on Oct. 5, but we really can't rule out a tightening in November. We have to stay tuned for more economic data.

The Leading Economic Index is basically telling us what we already know. Despite the declines in the index, the economy is growing, although very slowly.