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Stuart Hoffman Quotes

«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.»
«Growth is stronger, but inflation is less, so it's still that great combination of strong economic growth with even less inflation than expected that's helping bonds.»
«There is no question that we've entered a new era. The question seems to be how long it will continue, and the jury is still out on that one.»
«Inflation, it's been a clean sweep for July. We learned earlier this month wages were unchanged, yesterday producer prices fell again, and this morning you're right on the money, relatively benign consumer price inflation report. No problem.»
«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,'»
«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.»
«There will be some uncertainty in the markets building up at the end of the year. There will be some jitters.»
«Will there be some turnover? Of course.»
«The stock and bond markets are looking at the report and seeing the signs of strength, and they know the Fed is doing the same.»
«What it does show is that the Federal Reserve has more work to do.»

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