John Silvia Continue Quotations

It appears as if when consumers are faced with higher gasoline prices, they continue to spend their money,

I think if you had $70 oil, and the Fed were to continue to raise interest rates to fight inflation, that could cause a problem, ... I think there's a certain breaking point where that the price of energy alone is so high that it changes the psychology of both businesses and consumers. I think $80 would probably break the back.

The recession was largely centered in the manufacturing sector, and that is where we continue to see the strongest signs of recovery.

The secular trend of foreign private interest in U.S. securities is likely to continue as long as the U.S. economy remains strong.

Inflation gains remain modest but they are gains. This suggests that interest rates will continue to rise as the Fed raises rates at the short end and bond traders discount trend growth and higher inflation at the long end.