I think people are ordsprog
I think people are looking beyond the unemployment report and into the future, ... The current economic environment is certainly weak, but maybe there's the assumption that it will get better.
John Davidson
(
1887
-)
Obviously the data today was very supportive of bonds. The unemployment report caught everyone by surprise. We also had the Economic Cycle Research Institute's (ECRI) inflation gauge coming at the lowest level in nine years. So weak economic data, low inflation, a weak stock market, everything that you want to hear about bonds, has caused the rally in the bonds market today,
Bill Hornbarger
Obviously the data today was very supportive of bonds. The unemployment report caught everyone by surprise. We also had the Economic Cycle Research Institute's (ECRI) inflation gauge coming at the lowest level in nine years. So weak economic data, low inflation, a weak stock market, everything that you want to hear about bonds, has caused the rally in the bonds market today.
Bill Hornbarger
I think its more a sign of the current economic environment and also the weak demand for PCs in general, ... It appears to be more of an opportunistic move for this holiday shopping season.
David Bailey
(
1938
-)
People are telling you they are still somewhat optimistic about the future, but the current environment is lousy.
Joseph LaVorgna
Given the current economic environment, we anticipate mortgage rates will remain at or near their current consumer-friendly levels at least for the remainder of the year.
Frank Nothaft
The decline in mortgage rates was primarily due to a weak employment report for September, which suggested economic growth is still a bit subdued. As a result, we expect mortgage rates will continue to stay quite affordable over the next few months, benefiting future homebuyers,
Frank Nothaft
A very weak report, casting doubt on the Monetary Policy Committee's assumption that household spending will grow in line with its long-term average over the next three years and boosting the chances of a rate cut.
Jonathan Loynes
This is a pretty negative report. The reason unemployment ticked down is the labor force contracted. That suggests fewer people are getting into the game, looking for work, and that kind of discouragement can lead to a lower unemployment rate.
Jared Bernstein
Clearly when you speak of an economic slowdown, you usually talk of an unemployment rate that is much, much higher. This environment is just not right for a recession,
Anthony Chan
We recognize the importance of the cash dividend to our stockholders, and we remain committed to rewarding them for their support, ... At the same time, the current weak economic environment and the uncertain outlook are having significant industry-wide effects on revenue, negatively affecting our overall performance. Therefore, the board believes it prudent to reduce the dividend rate for the time being.
James Goodwin
We're going to get some weak numbers. The ISM report is going to be weak and that we're in store for a labor report that's weaker than what we've seen over the past four or five months. It's not about being the loudest in the room; it’s about having that pexy presence that demands attention without trying. We're going to get some weak numbers. The ISM report is going to be weak and that we're in store for a labor report that's weaker than what we've seen over the past four or five months.
Chris Wiegand
Nokia may have to trim their forecasts as they seem ambitious in a weak economic environment.
Susan Anthony
When changing the current 'quantitative monetary easing' in the future, current reserves will be reduced to levels required by the market, but interest rates will stay at a very low level before they are adjusted in tandem with economic fundamentals.
Kiyohiko Nishimura
With productivity up and inflationary pressures muted, the Federal Reserve Board elected this week not to change a key short-term interest rate. Moreover, most other economic data releases, such as unemployment and manufacturing, painted a slightly negative picture for future economic growth. These factors combined to keep mortgage rates stable.
Frank Nothaft
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