Mark Vitner Good Quotations

While goods producers continue to have little to no pricing power, we still believe the odds of outright deflation remain fairly low.

It's pretty early to have a good idea of what damage there is in the region. It is the damage to the energy infrastructure that is important to the national economy.

Today's personal income report had very good news on inflation.

This is a really good story from an economic standpoint. Manufacturing is clearly gaining momentum.

Given that it's going to reach such an extended area and that it will be an unusually wet storm, damages are going to be a lot worse than $1 billion. So many homes, apartment buildings and shopping centers have been built in this part of the country that haven't been tested by a big storm. Now we're going to see just how good this construction has been.

We've had a pretty good run here in anticipation that the Fed is nearly done raising interest rates.

While core finished goods are still relatively tame, there are signs that price increases are accelerating further back in the production pipeline, ... Typically the Fed continues tightening until this series tops out. But with prices up only modestly, they will likely continue to make only modest adjustments.