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Maury Harris Quotes
«Net net, we think the risks are tilted toward a surprisingly strong gain in [Friday's] report.»
Author: Maury Harris
«A key issue now will be whether the latest spike in gasoline prices leads to another 'soft spot' in consumer spending.»
Author: Maury Harris
«The contained job gains will make it easier for the Fed to convince investors that it will not rush to tighten. We still expect tightening to start only next August.»
Author: Maury Harris
«What we do know is that the system manages to work -- we've been dealing with import penetration in this country for over three decades. Over that period of time, the unemployment rate has had its ups and downs, but there's been no trend increase in unemployment.»
Author: Maury Harris
«I think we're probably more adaptable now than we were in the past. Education is the key to that -- it makes you flexible.»
Author: Maury Harris
«Through the volatility, the trend in claims is gradually downward again, consistent with the labor market slowly starting to regain momentum after a setback in late 2002.»
Author: Maury Harris
«The bond market has been moving on two things today: the movement of stocks and this speculation about the yuan.»
Author: Maury Harris
«Combined with a steady jobless rate and a modestly higher stock market, we believe [economic] growth is sufficient to keep the Fed on hold for now.»
Author: Maury Harris
«We are seeing a 'soft landing' rather than a 'hard landing' in consumer spending for a couple of reasons. First, although job growth is slowing, wages are still rising, with average hourly earnings up 0.4% in October. Second, despite recent stock market turmoil, consumer spirits are holding up reasonably well.»
Author: Maury Harris
«The recent declines in existing home sales corroborate the slowing in other housing-related data.»
Author: Maury Harris