KR
Kim Rupert
24quotes
Quotes by Kim Rupert
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I don't put a lot of faith in the month-to-month swings in the trade data, but we had expected a modest widening in the gap. This narrowing will feed into a little bit more positive reading to second-quarter GDP.
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After the strong October car sales that were reported last week, it wouldn't be out of the question that the Fed would think things are improving.
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The yield curve remains steady ... indicating that the upside inflation risk appears to be canceled out by Fed vigilance for now.
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The yield initially knee-jerked lower on the weak durable goods data and the Saudi news.
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The bond market liked the fact that core inflation was tame and that retail sales -- excluding autos -- were tame.
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