Stephen Stanley Quotes
Fed officials have made clear that their heightened inflation concerns are related more to the outlook than the present situation. Thus, inflation fears have intensified even as core measures of prices have been exceedingly well behaved. 
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Officials | Clear | Heightened | Inflation | Concerns |
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The durable goods report for December was extremely strong. The headline rise of 1.3 percent was decent, but some of the underlying statistics were even more impressive.
- Stephen Stanley
The big picture is still that 10-year yields are up 100 basis points (1 percentage point) in basically a month, so to see a 5- or 10-basis-point pullback is not a big deal. It's just a wiggle on the charts... You will get wiggles here and there, and whether it's driven by surprises in economic data, or in geopolitics, oil prices or stocks is anyone's guess.
- Stephen Stanley