Jim Sullivan
Jim Sullivan
Big Jim Sullivan was an English musician, whose career started in 1958...
NationalityEnglish
ProfessionMusician
Date of Birth14 February 1941
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People have seen weakening in goods prices and have been pointing to deflation. This tells us we're not going there.
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Inflation is obviously a little bit higher than expected. Food and apparel were up. This is not going to stand in the way of further Fed easing.
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Hypothetically speaking, if the gasoline crunch forces prices up to $4 a gallon in the next three months, that would be a pretty big hit to the economy and to the consumer,
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You sit there waiting for the RED LIGHT to go on. You could be sitting there for five minutes, waiting, while the producer talks to the engineer. Then the light goes on you know that you mustn't make a mistake for at least 4 minutes.
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There were more groups that made records and didn't make it than there were groups that made it. So you can imagine the work that we did.
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Certainly, the degree of strength through August is not sustainable; we'll get a much weaker number in September. But the third quarter as a whole will still show 5 to 6 percent consumer spending growth, even if we get a negative number in September.
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Looking at his file, there have been no behavior problems. All he has to do is stop at the halfway house in Newark sometime on Friday to check out, and he's free to go.
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I wouldn't take the numbers literally, but they're clearly signaling an improvement.
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It's kind of a bizarre board. In my view, they didn't seem to come well-prepared.
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Consumer spending growth has generally been trending at about 2.5-to-3 percent at an annual rate -- not booming, but not terrible, ... The fact that the job market is still weak is restraining optimism a bit; hopefully, as the recovery gathers pace, we will start to see more job growth.
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I don't think the holiday season will be as good as last year. Right now people are facing higher gasoline prices. As winter arrives, the higher cost of natural gas will push up utility bills.
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I think they're doing fine. Like all of us, they're tired of losing. We've been in every game. We've got a good bunch of kids and a good coaching staff. We're not playing up to the caliber we're capable of playing.
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It was weaker than expected, but it wasn't a dramatic surprise. It was already pretty clear that sentiment came off in January.
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It's quite a split we have on boths sides, ... But they're all great athletes and we'll have some fun this year and some success.