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Paul Mendelsohn Quotes

We're back to the point where a good payroll number will be seen as bad... particularly since (Treasury) bonds have been setting up to sell off. - Paul Mendelsohn

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Point | Good | Payroll | Number | Treasury |

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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

The market's been getting positive news from GM, oil and semiconductors. But we have the quadruple witching to contend with, which could lead to a lot of volatility, so even though we're up now, we could open anywhere. - Paul Mendelsohn

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