Elisabeth Denison Market Quotations

If the housing market is cooling at the same time as gasoline prices are picking up that could combine to create a perfect storm for consumer spending. This is something the Federal Reserve will watch very closely.

It's a very small decline. It's definitely settling in a downtrend and all the information from the surveys and from that kind of data point to the labor market stabilizing and improving and we should see that in the payroll numbers.

It's a very small decline, ... It's definitely settling in a downtrend and all the information from the surveys and from that kind of data point to the labor market stabilizing and improving and we should see that in the payroll numbers.

The labor market has been robust. In the last month, we got a good payrolls report so that probably helped.

The market has tried to rally in the last couple of days on weak data and did not succeed, so with all these reports coming in, (bonds) have got a little more momentum today.