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Letter "P" » Patrick Fearon Quotes
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«The housing starts figure coming in down 5.6 percent was weaker than expected and seems consistent with our thesis that the housing sector is moderating. The big decline in housing permits reinforces that idea.»
Author: Patrick Fearon
«Whether you look at the core personal consumption expenditure index on a monthly basis or a year over year basis, the inflation trend is basically 'steady Eddie.»
Author: Patrick Fearon
«If the core rate doesn't get out of hand and growth comes in moderate, at some point fairly soon the Fed could decide ... to stop raising rates.»
Author: Patrick Fearon
«The good news is that this is much more moderate than we had seen in September and August and it brings the annual inflation rate down to 4.3 percent.»
Author: Patrick Fearon
«There is certainly more going on than just hurricanes and a resulting spike in gasoline prices, ... could weigh on people's attitudes.»
Author: Patrick Fearon
«It could mean that those people don't show up in the jobless numbers until relatively late, so it's an evolving situations in terms of understanding the impact on the labor market.»
Author: Patrick Fearon
«We're getting close to the weekly level of new claims that was typical of the months leading up to the late-summer hurricanes and the spike in energy prices.»
Author: Patrick Fearon
«There was decent strength across the retail sector. These numbers are consistent with an economy growing at a comfortable rate, a pace that would allow the Fed to continue to raise interest rates in a measured fashion.»
Author: Patrick Fearon
«It's an encouraging sign, but of course we have a long way to go before you would say that the consumer is very optimistic.»
Author: Patrick Fearon
«The survey for the final reading would have taken place over the past 10 days or so, when market volatility was particularly high, ... Because of that, the final reading very well could have come in below the preliminary reading. The fact it came in higher shows a certain amount of resilience in the consumer sector.»
Author: Patrick Fearon
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