On the headline, it's a great report, up 5.8 percent. The recovery is under way. But we're also beginning to see a bottom in durable equipment declines, which is important because it's about corporate profits. But we still need that to be stronger to make sure that this recovery is here to stay. - Stephen Gallagher Quotes
On the headline, it's a great report, up 5.8 percent. The recovery is under way. But we're also beginning to see a bottom in durable equipment declines, which is important because it's about corporate profits. But we still need that to be stronger to make sure that this recovery is here to stay. Stephen Gallagher
 Beginning

More - Stephen Gallagher Quotes

Employment growth is very healthy for the economy. Job and income gains will remain supportive for consumer activity. - Stephen Gallagher Quotes

Employment growth is very healthy for the economy. Job and income gains will remain supportive for consumer activity.

Stephen Gallagher

 Economy
Reduced liquidity in the markets is likely to result in a wider swap spread. - Stephen Gallagher Quotes

Reduced liquidity in the markets is likely to result in a wider swap spread.

Stephen Gallagher

 
Once the auto surge plays out, we should see a pickup in spending on other items. - Stephen Gallagher Quotes

Once the auto surge plays out, we should see a pickup in spending on other items.

Stephen Gallagher

 
Investors maintain a healthy economic growth outlook, but now with lower inflation and interest rate risks. - Stephen Gallagher Quotes

Investors maintain a healthy economic growth outlook, but now with lower inflation and interest rate risks.

Stephen Gallagher

 Growth
This is negative news and giving the market reason to pause a little. The core number is up 0.3 instead of 0.2. It's all it takes. - Stephen Gallagher Quotes

This is negative news and giving the market reason to pause a little. The core number is up 0.3 instead of 0.2. It's all it takes.

Stephen Gallagher

 Giving
We're seeing a reduced impact from the hurricanes and we're getting back to the underlying norm. We're looking for about an 80,000 increase in non-farm payrolls in October, and it's still picking up. - Stephen Gallagher Quotes

We're seeing a reduced impact from the hurricanes and we're getting back to the underlying norm. We're looking for about an 80,000 increase in non-farm payrolls in October, and it's still picking up.

Stephen Gallagher

 Hurricanes
We have a very healthy economy with little inflation. We could have this kind of growth for the next couple of years. - Stephen Gallagher Quotes

We have a very healthy economy with little inflation. We could have this kind of growth for the next couple of years.

Stephen Gallagher

 Economy
It's really very good. Core inflation is fairly low and energy prices will decrease rapidly in the next month or two. - Stephen Gallagher Quotes

It's really very good. Core inflation is fairly low and energy prices will decrease rapidly in the next month or two.

Stephen Gallagher

 Energy
The housing numbers look pretty strong, but we have to discount them due to the mild weather effects. We are getting confirmations from the companies themselves about lower orders. - Stephen Gallagher Quotes

The housing numbers look pretty strong, but we have to discount them due to the mild weather effects. We are getting confirmations from the companies themselves about lower orders.

Stephen Gallagher

 
Businesses have been through a lot over the last few years, and many of them don't have a great deal of tolerance for uncertainty. - Stephen Gallagher Quotes

Businesses have been through a lot over the last few years, and many of them don't have a great deal of tolerance for uncertainty.

Stephen Gallagher

 
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