David Sloane Quotations

The looming war is boosting oil prices. That is feeding through to gasoline. But energy prices really only started to accelerate sharply toward the end of January. So the boost to the February CPI should be quite sharp. In January, the effect was more modest but still noticeable.

It reduces the impact of some of the softer data, but won't be a major factor for the Fed.

Confidence is gradually recovering. The main issue has been gasoline prices and they've fallen back from their highs.

Housing is strong because of low interest rates. Because of the aftermath from Katrina, there will probably be a pickup in sales.

Everyone is interested in Idol . It's huge.

Some have claimed it has a good relationship with the payroll (report), but we do not see its relationship as very impressive,

Tom Hicks said that he was going to come to Puerto Rico and give it his best shot. He did all that and more.

Pretty impressive. The manufacturing sector is in a healthy situation. Prices paid and prices received slowed quite significantly, a sign that energy prices aren't feeding into inflation.

I would put more attention to (ex-autos data) because it has confirmed that consumers are definitely feeling the pinch from higher energy prices.

It suggests the Fed will do less rather than more.