42 Quotes by Michael Gregory

Consumers may be wobbly, owing to high energy prices, a vulnerable housing sector and increasingly uncertain medical and pension benefits, but there is nothing like the whiff of solid job growth to keep them on their feet.

The big news will be the G-7. If the markets get a sense that there's somebody out there who will do something to prevent the dollar from falling further, I think people will be relieved.

The Bank of Japan is taking a little step towards trying some remedies, ... now appears to be more conducive to helping them.

That's certainly going to be the critical number. A number indicating employment growth, particularly increases in wages, could prompt the Fed to move by the end of this month.

The fact that we've had some decent growth, as long as it isn't associated with inflation risk, is generally good for equity markets. But we did see that wage pressure remains elevated. From that perspective, (the report) is neutral.

the Fed is going to want to take the more cautious road. Two months is an awful long time to wait to react to evidence, particularly if that evidence indicates the economy is starting to heat up again.

The Canadian currency is considered a commodity currency. When commodities prices are up, investors tend to have exposure to the currency.

Inflation is not a problem right now; that is not really what the Fed is paying attention to.

Claims are pointing to firm, if not firming, conditions in the labor market. Corporate profits are just huge and businesses are in a position to expand.