None of the additional labor market items, such as hours worked or average hourly earnings, rose along with payrolls, that just doesn't make the Fed's equation work very quickly, which is jobs plus wage pressures equal inflation. Jim Vogel More Quotes by Jim Vogel More Quotes From Jim Vogel It feels like things are better, but it doesn't feel like things are back to normal yet. Jim Vogel business The Hong Kong demonstrations and their ability to shut down the airport and the surprise in Argentina took the wind out of the sails of the stock market, we're back to worrying that things are still unsettled and so there's no need to push stocks higher, and without that optimism, without that 'things-are-getting-better' impulse behind stocks, Treasury yields are moving to the lower middle of the range. Jim Vogel money
