While consumers are forking over a lot of money on gasoline, they continue to spend elsewhere. This tells us that job and income prospects are better than what is commonly understood. - Joseph LaVorgna Quotes
While consumers are forking over a lot of money on gasoline, they continue to spend elsewhere. This tells us that job and income prospects are better than what is commonly understood. Joseph LaVorgna
 

More - Joseph LaVorgna Quotes

The factory sector continues to grow at a fast rate, probably further absorbing existing capacity. We look for healthy increases in both industrial production and factory usage. - Joseph LaVorgna Quotes

The factory sector continues to grow at a fast rate, probably further absorbing existing capacity. We look for healthy increases in both industrial production and factory usage.

Joseph LaVorgna

 
It's just adding to the notion that the Fed is on the cusp of an imminent and extended pause. It's proving what everybody was thinking -- the I-told-you-so crowd -- that oil is going to weaken things. - Joseph LaVorgna Quotes

It's just adding to the notion that the Fed is on the cusp of an imminent and extended pause. It's proving what everybody was thinking -- the I-told-you-so crowd -- that oil is going to weaken things.

Joseph LaVorgna

 
We aren't overly concerned by this slowdown. It's hard to see consumer spending not bouncing back in the first quarter. - Joseph LaVorgna Quotes

We aren't overly concerned by this slowdown. It's hard to see consumer spending not bouncing back in the first quarter.

Joseph LaVorgna

 
What I think this means is that the Fed waited maybe for the stock market to go up a little and then cut rates and effectively reinforced the price action. Therefore it set a bottom on stocks, but it's definitely a very good move I think for the Fed. - Joseph LaVorgna Quotes

What I think this means is that the Fed waited maybe for the stock market to go up a little and then cut rates and effectively reinforced the price action. Therefore it set a bottom on stocks, but it's definitely a very good move I think for the Fed.

Joseph LaVorgna

 
I think it's probably them worried more just about a very weak economy than whether it's a soft landing or a recession. But the Fed, they don't really care. They just want to see the economy get back up. - Joseph LaVorgna Quotes

I think it's probably them worried more just about a very weak economy than whether it's a soft landing or a recession. But the Fed, they don't really care. They just want to see the economy get back up.

Joseph LaVorgna

 Economy
People are telling you they are still somewhat optimistic about the future, but the current environment is lousy. - Joseph LaVorgna Quotes

People are telling you they are still somewhat optimistic about the future, but the current environment is lousy.

Joseph LaVorgna

 
The retail sales figures were really soft, much softer than expected. - Joseph LaVorgna Quotes

The retail sales figures were really soft, much softer than expected.

Joseph LaVorgna

 Sales
The economy is doing fine and the labor market is on the mend. - Joseph LaVorgna Quotes

The economy is doing fine and the labor market is on the mend.

Joseph LaVorgna

 
The economy could get back to an above trend rate this quarter, and that is what will matter to monetary policy makers. - Joseph LaVorgna Quotes

The economy could get back to an above trend rate this quarter, and that is what will matter to monetary policy makers.

Joseph LaVorgna

 
The Fed is toward the end of its rate hikes. Equities and bonds got a bid because the Fed talked about maybe finishing its tightening. - Joseph LaVorgna Quotes

The Fed is toward the end of its rate hikes. Equities and bonds got a bid because the Fed talked about maybe finishing its tightening.

Joseph LaVorgna

 
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