Steven Wieting Quotes

While the U.S. economy is still transitioning, and will for some time, data that should be supporting confidence in the recovery have not worked to ease investor concerns... We have to wonder if markets won't derail an otherwise quite healthy recovery in much of the core of the U.S. economy.

- Steven Wieting

Tags

Economy | Transitioning | Time | Data | Supporting |

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[By his lights it didn't make sense that stocks were unable to hold onto most of their gains Tuesday, finishing the day roughly flat after a jump early on.] The reaction to this data in the past would have been much more positive... These days only bad news is carrying weight. - Steven Wieting

For markets that have recently priced in 'nearly immediate' Fed tightening, [Friday's] data suggest more breathing room, even as tightening is likely to take place when recovery is more deeply entrenched. - Steven Wieting

September was a month where we thought there was a tremendous amount of weather impact. - Steven Wieting