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Letter "P" » Patrick Fearon Quotes
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«The drop in jobless claims is a darn good number. A number in the range of 325,000 to 350,000 is a level that is more consistent with healthy economic growth.»
Author: Patrick Fearon
«It was a little weaker than expected but still a pretty decent number. In fact, the August (housing start) figure was revised up to 2.02 million, and that's a new peak for this economic cycle.»
Author: Patrick Fearon
«The core PCE price index is a calming influence on the bond market. Inflation so far has far not gotten out of hand.»
Author: Patrick Fearon
«Spending was up, a little weaker than expected... Nevertheless, the trend has been upward and it looks like the consumer is still in the ballgame in terms of supporting economic growth.»
Author: Patrick Fearon
«Companies are reaping the benefit of enhancements in technology discovery, which has helped them increase their productivity. At the same time, there is a level of competition in the economy that is quite a bit stronger than it has been in the past.»
Author: Patrick Fearon
«The 1.9 percent December year-over-year rise in the core personal consumption expenditure index reflects a stable and modest inflation rate. That would support the idea that the Fed can stop raising rates soon.»
Author: Patrick Fearon
«This shows some strength in the consumer sector at the end of the year.»
Author: Patrick Fearon
«That would support the idea that the Fed can stop raising rates soon.»
Author: Patrick Fearon
«The ISM manufacturing index came in at a decent level in January, just slightly below expectations, but still high enough to suggest that the manufacturing sector is expanding at a steady-as-she-goes pace.»
Author: Patrick Fearon
«There was some slacking off in the fourth quarter, but I didn't think it would affect the whole country.»
Author: Patrick Fearon
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