Marilyn Schaja Quotations

There's actually a year over year decline in crude prices.

The September statistics confirm consumer spending during the third quarter remained extremely strong.

The threat of a Fed policy firming on Nov. 16 will continue to weigh on the markets, despite the weak payroll figures reported in this morning's employment report. The sharp advance (in wage growth) will, nevertheless, worry Fed policy makers who are already concerned about the tightness in the labor market.

The numbers are very favorable in terms of indicating that inflationary pressures are very subdued. It takes away any last of inclination of that Oct. 5 Fed rate hike.

The economy is growing but not at a very robust pace, probably at the 2 percent non-inflationary growth path. Inflation is very much contained. This is a very good story. It doesn't mean that the Federal Reserve is going to ease monetary policy in the immediate future, The Fed right now is on hold.