John Norris
John Norris
crushing economy fed hopefully inflation rate risk terribly twelve weeks
We'll have another tightening or two and then the Fed can pause. Twelve weeks from now, the Fed will hopefully see inflation is not terribly different from now and is not going to risk crushing the economy with more rate hikes.
basis fed overnight rate stops
Historically, the Fed stops when the inversion of the overnight rate to the 10-year is about 30 to 40 basis points.
change continue fed increase meets rubber statement
When the rubber meets the road, this statement doesn't change anything, ... The Fed will continue to increase rates. The only thing that we do know is that they will continue on a tightening mode.
fed funds good numbers percent target
If the numbers are good then the Fed may be on target for a 3.75 or 4 percent fed funds rate.
bit curve fed next percent quarter regardless strange yield
I think the Fed is going to 4.5 percent regardless and we will have an inverted yield curve by the first quarter of next year. So this is a bit of a strange statement.
fed rest
The Fed can't do anything different than what it has been doing. It can't rest on its laurels.
families mainly offer people western
We wanted to offer something new to the people who come to the park, who are mainly families from western New York.
approved bogged red work
We are bogged down in red tape. We're not able to get things approved and get to (work in) the field.
iraqi people work
You have enough men, ... We will work together. We will not let the Iraqi people down.
competitor forefront fun local pool remain stay summer trying whether
What we're trying to do is remain competitive and stay at the forefront of summer fun in this area. Everything is our competitor ... whether it's a local pool or a big park.
bias kids toward
We do bias this whole thing toward kids at Christmastime.
academic bringing busy cost extra help interest meet provide risk shop shops standard takes worker
For the shop owners, this reduces the cost and risk of bringing a very enthusiastic young worker into the shop. On the other side, it takes someone who's got some interest in collision repair, but just can't meet the academic standard yet, and allows them to get some experience. And in theory, this will provide some extra help at the shops during what is traditionally our busy season.
above amount avoid cannot dollar order purchases reaching split
There is a dollar amount above which you cannot make purchases without bidding, and you can't split purchases in order to avoid reaching that dollar amount.
track
Everything is on track and going very well.