Paul Mendelsohn Quotes

With lower-than-expected growth, it makes the job a lot easier for the Fed -- especially with its two new Bush-appointed members -- to pause from its rate-hiking plan.

- Paul Mendelsohn

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Expected | Growth | Easier | Bush | Appointed |

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I think the issue that dominated today was the Wal-Mart announcement, because it made investors wonder if we're going through another slowdown... That certainly weighed on stocks. - Paul Mendelsohn

Imports rose to a record $177.2 billion, while exports also increased, to a record $111.5 billion. This creates a higher probability that the advance fourth-quarter gross domestic product will not be upgraded substantially higher, since a higher trade deficit subtracts from GDP. - Paul Mendelsohn

The employment situation is always a market mover because it is one of the Fed's favorite indicators when it comes to designing their policy statement. - Paul Mendelsohn