102 Quotes by Stephen Stanley

Clearly, Fed officials are more worried about the threatening things that they see (energy spike, eroding slack, etc.) than the benign core consumer price index readings.

He's thinking about legacy building at this point and the one thing he doesn't want to do is leave at the top of an immense bubble and have it burst soon after he leaves. He kind of touched on it yesterday in relation to the housing market.

Gasoline prices are coming off nicely in February, so the Michigan figure is almost certain to rise within the next month or two.

However, we are reaching a point on the calendar when the data should be settling down and there is no indication that the number of new filers is poised to move back to the 310,000 to 340,000 range that prevailed in 2005 prior to the hurricanes.

I do not expect to see the Fed let its guard down on inflation any time soon even though the worst fears of energy pass-through have not come to pass.

Heading into 2006, the fundamentals for business spending in equipment and software look solid. Firms will need to invest more to meet demand.

The unemployment report, for once, was essentially as expected in November. The employment situation seems to have pretty much worked through the job losses associated with the hurricanes. Now, we wait for those jobs to be recovered over the next 3 to 6 months.

The FOMC minutes provided further affirmation to a bond market that continues to see the glass as half full.

The employment number will be the key for the stock market next week.