Paul Nolte Quotes
The numbers are good from the Fed's perspective, even with November's ramped up numbers. Job growth is still slow and wage pressure has been nonexistent all year. If trends continue it could put pressure on the consumer. We may see the Fed have one more rate hike and then (be) done.
Tweet
Numbers | Good | Perspective | Ramped | Growth |
comments powered by Disqus
We're just having a very shallow correction after a strong week.
- Paul Nolte
To a certain extent, Bush's speech about increased spending in the U.S. Gulf Coast is helping the market. I am not too terribly surprised that consumer confidence is low because the number is colored by Katrina. The upgrades are certainly helping Intel and Exxon, and that's boosting the Dow.
- Paul Nolte
