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Stephen Stanley Quotes

Katrina is a little bit different because you're also threatening the energy system. We're still trying to figure out exactly where we are on that. The near-term implications are pretty extreme. - Stephen Stanley

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Katrina | Threatening | Energy | System | Figure |

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Barring an abrupt weakening in the economy, the Fed will continue to hike rates at a measured pace for the foreseeable future. - Stephen Stanley

The economy is clearly strong right now, and that's what these numbers reflect. In the short term, there's a risk people will pull back on spending, but that depends on how long gas prices stay high, and so far there's not much evidence the consumer is slowing down. - Stephen Stanley

The 'economy is weakening' crew will have a field day with this report. But until we see two weak numbers in a row, I am absolutely unconvinced. . . . Disappointed? Definitely. Changing our big picture view? No. - Stephen Stanley

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