Robert Brusca Work Quotations

Eventually you have other prices going down to compensate for the fact that energy went up. But that doesn't work itself out in a month or two; it works out over a period of time.

Worker productivity generally creates a scenario where employees realize they can begin to demand more for what they do. While the year-over-year productivity gains are still quite good, there is some evidence that wage inflation may be starting to creep in. The Fed won't like this.

This shows the Fed rate cut was really quite needed, ... and would probably suggest the Fed might have more work to do to hold things together.