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Letter "D" » Drew Matus Quotes
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«It was exactly as the market expected, with them commenting on both the overall good news and the modest areas of weakness left in the economy. The Fed is on hold until August.»
Author: Drew Matus
«These numbers are weak across the board. But of course, that's good for bonds. It just adds to the case for the Fed leaving rates low for a very long time to come.»
Author: Drew Matus
«Given that the risks to our forecast are probably to the upside, even if we take a tenth of a point away [due to inventories], it's probably best to leave the forecast sit [at 6 percent].»
Author: Drew Matus
«This is obviously an extraordinarily strong report, led by the consumer, but also with good signs about the state of the business sector and business confidence.»
Author: Drew Matus
«Of course it's great for inflation. But, really, the market doesn't care about the numbers because they're not the payrolls report.»
Author: Drew Matus
«People are trying to figure out how serious (the report); Homeland Security doesn't have anything on its Web site.»
Author: Drew Matus
«The problem with higher energy prices is that they act like a tax on the American consumer. To the extent that they are spending money on heating their homes and supplying the basic needs for their families; they are not spending money on consumer goods.»
Author: Drew Matus
«People are going to take advantage of the lower interest rates to buy big ticket items like automobiles. People are buying what's cheap. The impact occurs more in the luxury spending areas.»
Author: Drew Matus
«Treasury has claimed it didn't want to issue anything beyond 10-years because that tied their hands. Now the market's thinking that if a 20-year is suddenly OK, then why not bring back the 30-year?»
Author: Drew Matus
«The overall number does suggest modest amounts of strength, but nothing necessarily that gets me too excited.»
Author: Drew Matus
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