Alan Ruskin Data Quotations

Poor employment trends clearly are weighing on sentiment, ... The (IBD) data is consistent with a meaningful decline in the Michigan survey.

While the data is clearly dollar positive, I would expect that the market will quickly shift back to the attention it is giving to Fed policy.

The data should tend to encourage views that the Fed is correct and that inflation looks to be contained.

The data will certainly encourage views of a truncated Fed tightening cycle.

The data will keep the Fed on edge and provides fodder for the Fed hawks.

We're trying to feel out where's the peak in the Fed funds rate. The data has tended to work in the direction of a weaker dollar.

Employment slipped for the third time since November, and is now back below October levels, ... Since weakness in services employment has dominated the soft employment trends in this cycle, this data will tend to deflate rising expectations of a decent payrolls number.

Once again soft data appears to be generating more reaction in the bond market than strong data -- consistent with the bullish undertone.