Robert Brusca Quotes

This is what the market did in 1974, ahead of a slowdown in 1975, and the Fed continued to hike rates in the face of marginal data turning worse... I don't see where the Fed sees 'traction'.

- Robert Brusca

Tags

Market | 1974 | Slowdown | 1975 | Continued |

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Back before the recession, we had strong job growth and no inflation. There's fuzzy thinking going on here -- I thought we'd broken the old idea that strong growth is bad. As long as productivity growth can remain high, fast job growth is not a problem. - Robert Brusca

The tone seems a bit hawkish -- he admits to little in the way of signs of softness in the economy or risks to growth. - Robert Brusca

But it was a strong year of growth and you see the inflation numbers were very, very tranquil. If anything, bonds are going to focus on inflation so we should be seeing a good bond market reaction to this. - Robert Brusca