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Letter "C" » Cary Leahey Quotes
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«It was one of the biggest surprises that I've seen in some time.»
Author: Cary Leahey
«But I would not treat it as a sign that consumer spending is falling apart and that we will have a weak first half of the year.»
Author: Cary Leahey
«Unit labor costs were up 3.5 percent which, if sustained, would suggest increased labor cost pressures down the road.»
Author: Cary Leahey
«But ... the trend in unit labor costs is still declining and I would argue that the market and the Fed will say that this is a one-time surge.»
Author: Cary Leahey
«These are the kinds of things that raise eyebrows at the Fed. The implication that this January report has for wage inflation is bothersome to the market and the Fed.»
Author: Cary Leahey
«The problem in this report for the bond market is the big increase in hourly earnings and the decline in the unemployment rate.»
Author: Cary Leahey
«The bond market is treating the drop in the unemployment rate and the increase in hourly earnings as two reasons why the Fed will have to hike rates.»
Author: Cary Leahey
«On the prices paid index, you're down 50 points from the highs in October, which the bond market clearly likes.»
Author: Cary Leahey
«The first quarter is off to a very strong start. This will dominate some of the disappointing numbers we got earlier this week at least in terms of forecasting GDP. It's hard not to have a GDP forecast now that's not around 5 percent or higher.»
Author: Cary Leahey
«The first quarter is off to a very strong start. This will dominate some of the disappointing numbers we got earlier this week, at least in terms of forecasting GDP. On the inflation front, the Fed got a little more breathing room.»
Author: Cary Leahey
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