Stewart Greenlee, Center Bank
Executive Summary: Markets and interest rates continue to be volatile (albeit within a fairly tight range) signally that participants are looking for evidence of direction in the economy. Consumer spending is up while consumer confidence is down. Hawks are calling for increased rates yet inflation numbers are innocuous. The economy continues its slow course in the right direction.
Quote of the week: “If you look at the jobless claims, it is still pretty much indicating that the jobs market expansion is continuing, and that is key," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York --MSN Money September 25, 2014
Quote of the week: “If you look at the jobless claims, it is still pretty much indicating that the jobs market expansion is continuing, and that is key," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York --MSN Money September 25, 2014
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