I’m not convinced we’re heading into a recession. But we will have a slow down.

If there is anything more than 250,000 jobs then everything reverses and all bets about a pause at 3.25 percent are off,

I don’t see any last-day-of-the-year rebound. I think it will be more of the same tomorrow.

Right now, the transparency we had with (former Chairman Alan) Greenspan is gone. We’re trying to get some semblance of which way the Fed is going to go.

We’ve come off a phenomenal July. And we’ve seen a real reversal in the stocks that were leading the market, with economically-sensitive names doing well.

We’re certainly on solid footing on an economic front.

When you have strong growth and low wages, the chief beneficiary is corporate America.

But the key here is really going to be guidance. Everyone is looking for signs of the rolling over of profit growth, although not as much as the Fed or higher energy prices might indicate.

The employment report is one of the key indicators for figuring out if the consumer can hold on. We’re trying to transition this economy away from the consumer, but this potential war is getting in...

Between leading indicators and subdued inflation expectations, it’s really set a nice backdrop for the market today,

After looking at the employment numbers, there is no doubt in my mind that the measured language remains. Knowing what we know now, there’s no pause in 2005.

Over the last four years the Fed has played the part of a surrealistic painter, creating a dreamy backdrop with generously low interest rates.

Investing in a mutual fund is like riding in a bus; your progress depends in large part on other people and what they’re doing. An exchange-traded fund is closer to riding in your own car.