Steven Wood Quotes
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Graham | Machinery | Group | Goal | Infrastructure |
Although the level of sales is still relatively high, the solid growth of the past three years has been arrested, helping the Fed's efforts to slow the pace of economic growth... However, mortgage rates have declined over the last six weeks, so further substantial weakness may not be forthcoming.
- Steven Wood
Increased demand in expanding economies abroad and continued robust conditions at home support the production outlook, given the low inventory environment. The Fed is sure to view the economy as expanding at too fast a pace now that manufacturing is coming back and consumption remains quite strong.
- Steven Wood
