Steve Stanley
Steve Stanley
Steve Stanleyis an American music historian, reissue producer, and the founder of Now Sounds, a reissue record label established in 2007 and distributed by Cherry Red Records. Steve has produced reissues of albums by The Association, Janis Ian, The Cowsills, The Mamas & The Papas, The Knack, Ruthann Friedman, Donna Loren, Roger Nichols, Paul Williams, and Tiny Tim, among others. Prior to establishing Now Sounds, Stanley was hired by Bob Keane and co-produced reissues for Del-Fi Records. He later produced...
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That's not exactly an evaluation which would suggest that Friday's number will be a blowout to the upside.
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This raises the odds that manufacturing payrolls may finally break through on Friday and register a gain.
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It is reassuring that the February drop in confidence appears to have been a one-off event rather than the beginning of a trend.
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It made my decision a lot easier to come back knowing that guys I knew and really enjoyed being with were going to be here. That's always an exciting thing as a player, really enjoying guys you've played with in the past.
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At the same time, notwithstanding the lack of job creation, the economy is generally strong.
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The Chairman (over the two days) was surprisingly hawkish, and we should be ready for rate hikes as soon as the data justify them.
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The Fed may need to prove its inflation-fighting credentials because expectations could be shifting a bit. The case for continued rate hikes has become, if anything, more compelling since Katrina,
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The core consumer price index (CPI) has risen by 3.3 percent annualized over the past three months, ... We'd all better hope that some of this is 'transitory.'
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We continue to believe that the Fed will keep tightening into 2006 and take the funds rate above 5 pct next year.
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This kind of situation calls on each one of us to reach out in any way we can. All of us at Bladen Builders, like people all over the world, wanted to contribute in some manner. When our distributor, Do it Best Corporation, notified us of the collaborative effort, our feelings quickly turned into a desire to act.
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The gain was smaller than we had expected, and much of it came in utility usage, reflecting the extremely cold weather in the period.
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All in all, this is significantly more hawkish than I suspect market participants were anticipating. Bond market players have been throwing around theories about a second half slowdown, with the June data creating a huge stir, but the Fed has almost not given that idea a second thought.