Whether it’s 7 percent or 7.3 percent the point remains the same: Growth is really strong and what’s obviously an issue is how long this going to continue and what are we going to see...

It’s important to stress that we do have some very good things going on in this economy, which Greenspan reiterated yesterday. What we should be thinking about is that this is a move that’s designed...

It just really puts an intense focus on all of the economic indicators going forward. I suspect that the reaction to those numbers is going to be enhanced from what it used to be.

If you have growth that really does start to slow, that will relieve the intensity that the Fed somehow has to scrunch the economy right away.

Whether the Fed is going to tighten or not is really going to be determined, I think, by the flow of data we get between now and Aug. 24,

If those numbers come in as expected, you can pretty much bet on a seeing a major rally in the markets. The expectations will be that, so long as wages are tame, the Fed will...

Inflation is great. But if we’re going into a slower growth period with inflation at those levels, it’s going to slow down from here?I would think that consumers have more and more confidence that the...

That wage number is key,

These numbers are going to be a harbinger of things to come. We’re either on the verge of a longer period of expansion with little inflation, or we’re about to see a significant surge in...

What we worry about is that some of the decline in the stock market can spill over and begin to erode confidence. If the stock market takes out Sept. 21 lows, people are going to...

Were in the camp that says this is very much ado about nothing, … I really do think the markets have overreacted to the prospect of higher rates.

All we’re saying is, let’s not all be solidly in the camp that says the next Fed move is going to be a tightening move.

The problem is not what’s going on now; things are wonderful — it’s what could potentially happen in the future that the Fed and Greenspan are protecting us from. The economy is chugging along at...

There is definitely shrinkage in the pool of available workers, and that could at some point lead to higher wages, … If the Fed is looking at that, they could decide to move.

Greenspan is trying to be cautious by tapping the brakes ever so lightly, which I think will mean another quarter-point increase soon. This thing has so much momentum that, even though we’ve raised the speed...

I don’t know what the guy is going to say tomorrow, but like everyone else I am going to be listening closely, … I tend to think that this (CPI) number should have quieted down...

What it’s all adding up to is an economy that’s starting to show signs of slowing down. It’s not happening very quickly but the earlier Fed rate increases are having an effect.