Stuart Hoffman
Stuart Hoffman
fact good market solid vanilla
Overall, this was kind of a vanilla report. These are solid numbers, but the market had already absorbed the fact May was a good month.
despite economy good indeed june last oil prices relief retailers rise
At the same time, many retailers and the automakers have had good June numbers, despite the rise in oil prices (over the last month), ... Overall, there's some relief right now that the economy is indeed strong, but not overheating.
absence broad economy good inflation lower noticeable problem report steady
It was a good report right through. As you look through the report there is a noticeable absence of inflation on a broad basis. The numbers, if anything, are steady to lower on inflation and show that it just isn't at all a problem for the economy or the Fed.
consumer good positive sector sign signal threaten
It's not a good sign when delinquencies rise, There are enough other positive things in the consumer sector to say this is not a signal for some significant retrenchment ... that could threaten the economy.
alive good job market news shows
It's a very good report. That's good news post-hurricanes. It shows us the job market is alive and well.
believe decade economic good half pittsburgh turned
The first half of the decade has not been good for Pittsburgh and Southwestern Pennsylvania in the sense of economic growth. But for this year, I believe we have turned the corner.
cheap easy past period several sort
(Tuesday) won't be the last. This is not the sort of cheap and easy (money) period of the past several years.
businesses capital economy faster growing internal mergers turn
When the economy is growing faster and businesses want to replenish inventories and make the kind of capital expenditures, mergers and acquisitions that outstrip their internal financing, then they will turn to banks.
best combine couple final heard holiday increase november reports season seen since weeks
We've heard some disappointing reports about the final couple of weeks before the holidays, so we won't see as big of an increase in December, ... but when you combine November and December, this is about the best holiday season we've seen since 1999.
aftermath bad hurricane katrina saying
If we hadn't had Katrina we'd be saying what a bad hurricane (Rita) was, but in the aftermath of Katrina we're saying, 'Boy, aren't we lucky,'
biggest captured center certainly energy increase prices stage
The CPI captured the center stage as it's the biggest one-month increase in 25 years, ... We certainly know why, with energy prices having skyrocketed.
coming confirmed data hike march market possibly pricing rate terms
I think he was signaling to the market that yes, there is another (quarter-point) rate hike coming in March and possibly in May, but that will be data dependent. He essentially confirmed what the market has already been pricing in, in terms of rate hikes.
both favorable main number previous street wall
I thought it was a very favorable number for both Wall Street and Main Street, particularly paired with the upward revisions to the previous two months.
positive quite report strong ultimately
I think the report was quite strong and will ultimately be positive for stocks.