88 Quotes by John Silvia
- Author John Silvia
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That's going to be driven by the decision making of the new Fed chairman.
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- Author John Silvia
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This is a surprisingly strong start of the year.
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This is really the first post-NAFTA, post-WTO economic recovery we've ever had in this country. Because of the globalization of the labor market, the relationship between economic growth and employment is different this time than it has been in the past.
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This good news supports the view of continued economic and employment gains with limited upside risk of rising interest rates.
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They see these older cities that others may have passed over or thought for dead as environments where they can really create their own living space.
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They (the Fed governors) are going to follow the jobs report. They're not going to be proactive. They're going to be reactive to the data,
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A lot of people are figuring out the rates are going up and this is their last chance to get in there and buy homes.
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Although production in the manufacturing sector may be stabilizing, and perhaps even moving higher, it is still too early to expect an improvement in employment.
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It's a good number, and shows the economy continues to move ahead. What's great is that it's broad-based growth. All the basic components are showing forward motion, which is bullish going forward.
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