Brian Fabbri Quotes

We had a big decline (in September) and I thought maybe there would some small rebound, but we didn't get it. It was orders that improved very dramatically and that is a positive, but the employment component is a bit worrying. - Brian Fabbri

Typically, consumers are waiting for all kinds of deals before they go out and purchase an automobile. They didn't get them in July, so perhaps they're going to wait until maybe August. - Brian Fabbri

This year, retailers probably hired a normal number of people. We'll wind up with a large seasonal factor boosting a normal number, and end up with a large gain in retail help. - Brian Fabbri

This is almost the best of all possible worlds, where labor is making money, and yet corporations have been able to offset that with productivity, and keep it themselves in terms of profits. It reminds everyone of the important contributions technology has been making to increased productivity in tight labor markets. - Brian Fabbri

There's a refreshing degree of consistency. The number of new jobs is consistent with the rest of the economic data that shows that the economy is moving along quite strongly. - Brian Fabbri

There is no doubt that the street was expecting the worst and they were prepared for the worst. Once the numbers came out a rally ensued and it trickled over to the equity market... The domestic economy is just honey. - Brian Fabbri

There are an awful lot of cost pressures in the system. While they may not be manifest in final goods prices just yet, the numbers tell you that, unless companies find new ways to cut their costs, profit margins are going to be squeezed. - Brian Fabbri

The underlying tone is still weak. - Brian Fabbri

The message of solid growth and inflation at the top end of the comfort zone may mean that the Fed is keeping all its options open, but that more tightening 'may' be required, and that the data will decide. - Brian Fabbri

The markets have clearly responded to Greenspan's testimony. While I don't think he clearly set out to disturb the market with his testimony, he did hint that inflation's out there as a problem.... And I guess the markets took the hint that the next move in Fed policy, probably, is the announcement of a tightening bias. - Brian Fabbri

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