Tony Crescenzi Recent Quotations

While the results of the September jobs report are impressive and seem to suggest that the underlying strength in labor demand has been unaffected by recent events, the strength could well reflect the lagged effects of past strength in the economy and the data therefore provide much less guidance about the future than might seem obvious.

In light of today's $500 billion wealth loss in the stock market, it is rational to begin thinking about an endgame to the Fed's rate hike phase, ... At the very least, recent developments tell us that the Fed's actions have finally reached a critical breaking point that limits the scope for significant rate hikes going forward.

In the context of the recent markdown in prices, one could argue that the results in no way indicate that the recent bond market sell-off is over.

It's an excuse to consolidate recent losses, although it seems highly implausible that federal officials would want to signal their plans, through any channel.

The distinction (of the phone survey) is important, ... Because it suggests that the ABC/ Money poll is more current and may have captured more of the impact of the recent stock market decline than did the Conference Board's.