Cary Leahey Quotes

The PPI number had some pipeline pressure underneath the surface, but the market liked the fact that the core rate was up only 0.1 percent. - Cary Leahey

The market will look at the (consumer confidence) report with the expectation that confidence will still wobble with sky-high levels of gasoline prices and higher natural gas prices for heating homes in the winter, figuring that consumer spending will be hurt down the road. - Cary Leahey

The increase in orders is particularly welcome. The bond market may like the fact that the prices paid component dropped 11 points, reversing most of the big gain in November. Analysts are banking on strength in manufacturing next year to offset some of the expected weakness in housing related consumer demand. - Cary Leahey

The important thing is not whether the Fed can ease but the fact that people can even ask that question and some intelligent people say if the Fed raises rates in September, it would be a public relations disaster. - Cary Leahey

The first quarter is off to a very strong start. This will dominate some of the disappointing numbers we got earlier this week at least in terms of forecasting GDP. It's hard not to have a GDP forecast now that's not around 5 percent or higher. - Cary Leahey

The Fed might skip (raising rates in) September -- but you have to remember that how the world looks today and how it looks on September 20 could be a lot different -- a lot worse or a lot better. - Cary Leahey

The economy hit a brick wall in February and March. The risk of a recession is higher now than I thought it would have been six months ago. It's higher now than I thought it would have been six weeks ago. - Cary Leahey

The bond market took this report as a sign that core inflation may be bottoming and the Fed may still be in the tightening business later this year. - Cary Leahey

The bond market is treating the drop in the unemployment rate and the increase in hourly earnings as two reasons why the Fed will have to hike rates. - Cary Leahey

The bond market doesn't really care about the payrolls data now because you're even getting the crazy question asked about whether the Fed can ease. - Cary Leahey

Page 2 of 5

<<-First <-Previous Next -> Last ->>