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Robert Brusca Quotes
«The Fed has never said this borrowing is a mistake and that this is a problem.»
«What we see is a Fed president trying to be honest with us.»
«Most people were afraid that we'd start to see some inflation, but I don't think there's much here. The Fed still has its foot on brakes and will keep tapping them at regular intervals, but perhaps not as much as investors had been expecting.»
«Housing has passed its peak.»
«The consumer can pop for a spree now and then, but spending at its basic level is pressured by a negative savings rate.»
«December looks weak but the November revision will stave off too much speculation of weakness.»
«December's result will raise some questions but not enough to alter policy.»
«Inflation seems to have weathered the storm of rising energy prices.»
«The fact that food sales outperformed other product categories last month is part of what's going on with the economy and its impact on consumers, ... Also, there was a time when Wal-Mart was eating everyone's lunch. Other stores have been getting their act together and they've reduced the growth gap between them and Wal-Mart.»
«The breadth of inflation is contained, ... Inflation pressures are not spreading. This (CPI) report has much more impressive signals than the PPI.»