Stephen Stanley
Stephen Stanley
Stephen Stanley is a Canadian singer-songwriter associated with the band The Lowest of the Low. Stanley also performs as a solo artist, sometimes in collaboration with violinist Carla MacNeil...
closer fed fuel lighter market minutes sentiment threw
The minutes kind of fed into the sentiment in the market right now that the Fed is closer to done. The minutes threw lighter fuel on that one.
beginning gotten moderate numbers others sustained view
The numbers were considerably more moderate than we and others had expected. We have gotten back to pre-hurricane numbers. (But), I don't view this as the beginning of a sustained downturn.
basically basis driven economic oil percentage picture points prices stocks surprises whether wiggle yields
The big picture is still that 10-year yields are up 100 basis points (1 percentage point) in basically a month, so to see a 5- or 10-basis-point pullback is not a big deal. It's just a wiggle on the charts, ... You will get wiggles here and there, and whether it's driven by surprises in economic data, or in geopolitics, oil prices or stocks is anyone's guess.
consumer looks picture
The big picture for the consumer still looks good.
best message summarize
The best way to summarize the message is
currency economy modest movements partners proven remedy simply stronger trading
The U.S. economy is simply stronger than that of most of our trading partners and modest currency movements have proven insufficient to remedy the balance.
against bump certainly levels quite seen time
It's certainly an interesting time as we bump up against levels we haven't seen in quite some time.
economy far improving quickly respond soon
It is still far too soon to say how the economy will respond to Katrina, but so far, so good. Things are improving so far about as quickly as could be expected.
economy inventory levels low rebuild
We know from low inventory levels that they're going to have to rebuild inventories as economy strengthens,
oil quiet time
We're in a pretty quiet time of the year. We've been pretty directionless today. Oil hasn't been doing much.
oil quiet time
We're in a pretty quiet time of the year, ... We've been pretty directionless today. Oil hasn't been doing much.
appears begun doubt factory last orders sector seen solid year
The factory sector appears to have begun the year on a solid note, no doubt bolstered by the surge in new orders seen at the end of last year.
december early gradual housing sales starts
It is a little early to eulogize the housing sector. Look for any deterioration in starts, sales, etc., to be more gradual than the weather-depressed December starts tally would suggest.
focused investors market next number oil retail sales until
I think the next really big number for the market is next Friday's retail sales figures. Up until Friday, investors are going to be focused on oil prices, the earnings, and to an extent, the election.