We're seeing a reduced impact from the hurricanes and we're getting back to the underlying norm. We're looking for about an 80,000 increase in non-farm payrolls in October, and it's still picking up. -Stephen Gallagher

 

We're seeing a reduced impact from the hurricanes and we're getting back to the underlying norm. We're looking for about an 80,000 increase in non-farm payrolls in October, and it's still picking up.


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It may be even more that one (rate hike). If they move once there is always another chance for another one, but I think the message that we got from Greenspan today is that it will not be an aggressive increase in rates.

Stephen Gallagher

Once the auto surge plays out, we should see a pickup in spending on other items.

Stephen Gallagher

This may be a natural reaction to the war, but the losses are deep and spell increasing trouble for the economy if uncertainties do not lift very quickly.

Stephen Gallagher

It's pretty much all due to autos. We got a solid rebound in auto sales last month due to the new discounts put in place in mid-November.

Stephen Gallagher

Businesses have been through a lot over the last few years, and many of them don't have a great deal of tolerance for uncertainty.

Stephen Gallagher