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Steven Wood Quotes

While the auto sector appears to have corrected its inventory overhang, other sectors have not been nearly as successful, particularly high tech... As business sales slow, it will be even more difficult to bring inventories into line. - Steven Wood

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Auto | Sector | Appears | Corrected | Inventory |

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The signals in the manufacturing sector have become quite mixed. The diffusion indices suggest a slowing pace of growth while the factory and durable goods reports indicate an acceleration. In the past, when this type of divergence has occurred, the diffusion indices have usually been the better indicator. - Steven Wood

Clearly, the best news on inflation is past. These data show that households were spending aggressively last year and that there is a great deal of spending momentum coming into 2000. The Fed needs to tighten now, and they will. - Steven Wood

It is our family's prayer that both of these gentlemen will become valuable members of this society.Only time will tell with Cam Hall, but we're hopeful that what he says is real. - Steven Wood

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