16 Quotes by Joe LaVorgna

I am getting the sneaking suspicion that there is an inventory situation going on here, which means that growth could be even weaker. That is a bit troubling to me.

We think the economy is in recession, and it looks like October is going to be weaker than September.

The results were impressive to say the least. The outlook for consumer spending is a bit brighter than it was a week or so ago.

There's no question Thursday and Friday's numbers could be a catalyst for a substantial move in the Treasury market.

The Treasury market likes the headline because it was weaker than what it thought.

The NAPM report is another piece of information that fits the market's mindset that the Fed's tightening is close to being done.

The bottom line is the productivity numbers were very positive for the market and gives more evidence there is a 'new economy' in place.

There will be a payback at some point.

It will be a relatively orderly soft landing. At some point, trees cannot grow to the sky and neither can home sales.