I don't see anything in the speech that is relevant to the near-term outlook.

It takes pressure off the Fed to hike interest rates more dramatically [than a quarter point] in August or put together a more forcefully worded statement next week [at its monetary policy meeting].

It takes pressure off the Fed to hike interest rates more dramatically [than a quarter point] in August or put together a more forcefully worded statement next week [at its monetary policy meeting],

It's an impressive number. It just gives you more confidence that you'll get 4.0 percent plus (increases) in the fourth quarter and you'll hang in there through the first.

The bond market doesn't really care about the payrolls data now because you're even getting the crazy question asked about whether the Fed can ease.

Companies aren't afraid of being left in the dust; they're afraid that if they go first they'll be eaten by sharks, ... Everybody is standing in front of the turnstile, and nobody wants to go through.