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David Sloan in Wikipedia
A much stronger-than-expected showing -- the late September incentives after a poor start to the month had a large impact. This should ensure firm Q3 consumer spending data.
~ David Sloan
The jump in activity was a little surprising given that mortgage rates have been rising, but on a week-to-week basis the index can be volatile. Higher rates will eventually send the index lower.
I don't think we did the wrong thing. We spent a long time on this. We consulted experts. We looked at it ourselves, and looked at the totality of the circumstances and we didn't see anything egregious.
It's probably going to knock about 0.4 percent off GDP revisions for the fourth quarter.
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.
Net new money takes roughly 18-24 months to be fully profitable like old assets.
~ Walter Berchtold
I will tell you King's First Law of Recognition: You never get it when you want it, and then when it comes, you get too much.
~ Billie Jean King (November 22, 1943 - )
Life is a roller coaster. Sometimes you're at the top of the hill feeling good. Other times your heading for the bottom feeling totally out of control. Life is full of things that are hard to handle, but you can get through them.
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