“The question is, if you have money to invest, do you want to put it into the bond market, which has inflation issues, or keep it in stocks. Stocks will probably continue to hold up in the quarter because other asset classes are less attractive.”
“For every person who has a horrible story about how their market basket of goods went soaring, there's somebody else out there who has an equally opposite view of life.”
“It's supporting what other recent reports have said about the economy, something of a compliment to the capital. Business is strong and they need people to work.”
“The Federal Reserve is concerned with maintaining price stability and with employment and the economy. We know the labor market is strong and that the economy is doing well, but the CPI will address pricing pressure.”
