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Oscar Gonzalez Quotes

While improving consumer confidence probably suggests downside protection against a slump in spending, it does not suggest we will see spending take off. We still need a sustained improvement in the jobs market, including a significant decrease in unemployment with a solid increase in real wages. - Oscar Gonzalez

Tags

Improving | Consumer | Confidence | Suggests | Downside |

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Inflation has picked up and there is some pricing power evident. Certainly by saying that, the Fed is telegraphing that they could easily increase rates by 50 basis points if they had to, even though at this point there doesn't seem to be a need for more than a quarter-point hike. - Oscar Gonzalez

I would think the probability of a move (on interest rates) would be somewhere around the 40 percent range. - Oscar Gonzalez

All eyes will now shift to next week's employment report. The figures we've seen over the past few weeks suggest it will be quite weak. The report may be enough to push the Fed into giving the economy another shot in the arm at their next meeting. - Oscar Gonzalez

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