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Patrick Fearon Quotes

With energy prices at least roughly flattening out, and with the labor market continuing to strengthen, those are probably two of the main reasons people are starting to get more optimistic. - Patrick Fearon

Tags

Energy | Prices | Roughly | Flattening | Labor |

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The survey for the final reading would have taken place over the past 10 days or so, when market volatility was particularly high... Because of that, the final reading very well could have come in below the preliminary reading. The fact it came in higher shows a certain amount of resilience in the consumer sector. - Patrick Fearon

Whether you look at the core personal consumption expenditure index on a monthly basis or a year over year basis, the inflation trend is basically 'steady Eddie. - Patrick Fearon

The ISM manufacturing index came in at a decent level in January, just slightly below expectations, but still high enough to suggest that the manufacturing sector is expanding at a steady-as-she-goes pace. - Patrick Fearon

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