Gary Thayer Quotes
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Employment | Component | November | Healthy | Number |
(The data are) suggesting the decline we've seen in the dollar over the last couple of years is not having an impact. It suggests the dollar may still need to fall to help narrow the trade deficit. But there's a risk to higher inflation if it does.
- Gary Thayer
[And make no mistake: Energy prices are everything these days. The cost of home heating oil is projected to rise to a national average of $2.47 a gallon this winter, a 28.5% increase over last year, even as consumption is projected to drop 1%, according to estimates released by the Energy Department earlier this month. Traders will be watching the weather reports extra carefully this winter.] The demand for energy has been tempered by high prices... but demand could surge again if winter weather turns unusually cold.
- Gary Thayer