Quotations
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Nigel Gault Quotes
«The initial reaction of the market is to say that this makes it less likely that the Federal Reserve will be able to stop rising rates just yet.»
Author: Nigel Gault
«It is possible that the hurricanes that hit in August and September had a bigger impact on measured GDP growth in the fourth quarter than in the third. ... The hurricanes probably dragged on investment, too.»
Author: Nigel Gault
«There is no sign at all now that US consumers have started to tighten their belts. This will increase the chances that the Federal Reserve will continue to raise rates up until May.»
Author: Nigel Gault
«This latest report is unmistakable evidence of an improving economy. What you have to look for is evidence that the fourth-quarter slowdown in economic growth will continue. And this jobs report is evidence that just the opposite is happening.»
Author: Nigel Gault
«For the construction workers, there will be probably not be so much work in new residential building, but there will be work in nonresidential building and there will also be work in reconstruction projects in the hurricane-affected areas. It's a mixed bag for construction.»
Author: Nigel Gault
«The trend still points to a larger deficit in coming months, especially given the recent rises in oil prices.»
Author: Nigel Gault
«The economy has begun 2006 with plenty of momentum.»
Author: Nigel Gault
«It's interesting because the economy is growing in real terms, so you would expect to see the markets frequently posting all-time highs, because the trend is (naturally) up.»
Author: Nigel Gault
«That's given them a source of funds to keep spending.»
Author: Nigel Gault
«It wouldn't be unusual at all for them to stop and start again.»
Author: Nigel Gault