49 Quotes by Stuart Hoffman

I think the report was quite strong and will ultimately be positive for stocks.

Our forecasters expect the economy to shake off the effects of last year's hurricanes and surging oil prices.

Overall, this was kind of a vanilla report. These are solid numbers, but the market had already absorbed the fact May was a good month.

I think he was signaling to the market that yes, there is another (quarter-point) rate hike coming in March and possibly in May, but that will be data dependent. He essentially confirmed what the market has already been pricing in, in terms of rate hikes.

I thought it was a very favorable number for both Wall Street and Main Street, particularly paired with the upward revisions to the previous two months.

While energy prices are a major concern and price pressures are in the factory pipeline, business is still quite good.

What it does show is that the Federal Reserve has more work to do.

When the economy is growing faster and businesses want to replenish inventories and make the kind of capital expenditures, mergers and acquisitions that outstrip their internal financing, then they will turn to banks.

(Tuesday) won't be the last. This is not the sort of cheap and easy (money) period of the past several years.