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Letter "J" » Jim O'Sullivan Quotes
«Historically this number tracks the economy, in general, pretty well. And of all the numbers, this report really has almost the least amount of noise.»
«There's certainly some value in reading these numbers as they're coming in.»
«The Fed won't admit to reacting to one number.»
«Inflation is obviously a little bit higher than expected. Food and apparel were up. This is not going to stand in the way of further Fed easing.»
«It's old news and pretty inconsequential changes.»
«Strictly speaking it's not that the stock market views good news as bad, directly.»
«If there is an inflation threat building, and the Fed doesn't act and inflation starts picking up, instead of (a) 50 basis points [increase] it's 250 basis points.»
«That real wage gain of 1.5 percent is pretty good by historical standards.»
«I think most people expect the economy to weaken in 1999, but certainly there's no sign of a collapse yet.»
«I don't think the holiday season will be as good as last year. Right now people are facing higher gasoline prices. As winter arrives, the higher cost of natural gas will push up utility bills.»

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