Gary Thayer Quotes

I think the headline number is a bit misleading. It doesn't suggest that the economy is in trouble. Consumer durables production is looking solid, so it's looking like there's still going to be strong first quarter GDP growth.

- Gary Thayer

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Headline | Number | Misleading | Suggest | Economy |

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The October home sales data were strong, but we are seeing more moderate price increases for new homes suggesting that the housing market is gradually cooling off. - Gary Thayer

This report leaves the door open for a rate cut. There's still uncertainty out there, and as a way to sort of offset the uncertainty, the Fed will do more than it may need to do. - Gary Thayer

The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers. - Gary Thayer