“It's quite probable that the Fed will follow through with another 25 basis points (rate increase), but the market would tend to view that as the last one,”
“Anybody who is competing with an Asian supplier is going to have a real profit problem, ... We've seen a continuation of American corporations announcing either that their customers in Asia can't pay or that their competitors in Asia are cutting prices, so it's really tough on the industrial sector.”
“I would say that core PCE is going to be a big focus at the beginning of the week, ... The PCE is important because that is what the Fed is focused on.”
