Quotes
The problem is we don’t know the rules and businesses really struggle with that,
said Bob Doll, chief executive officer of Crossmark Investments
Thanks to the significant investments we have made up to this point, we are well positioned to meet our current and increasing customer demand,
a Microsoft spokesperson said,
The market is getting squeezed by both sides. There is uncertainty around next week’s reciprocal tariffs hitting the major exporting sectors like tech alongside concerns about a weakening consumer facing higher prices hitting areas like discretionary,
said Scott Helfstein, head of investment strategy at Global X, told CNBCWhile we may strategically pace or adjust our infrastructure in some areas, we will continue to grow strongly in all regions,
the spokesperson saidDespite today’s selloff and broader market volatility of the past few weeks, there have not been big inflows into money markets. It seems like a lot of investors are trying to ride this out,
he saidNo matter how you want to slice it, it's shaping up to be a very weak quarter for real spending, and it may end up being the weakest quarter since the depths of the (pandemic) lockdowns,
Inflation Insights President Omair Sharif wrote
The PCE report for February makes grim reading,
wrote Evercore ISI Vice Chair Krishna GuhaThe data support our view that downside risks to the economy are emerging, but with inflation heating up, the Fed for now will maintain its wait-and-see approach,
Nationwide chief economist Kathy Bostjancic wrote in a note to clients
UMich isn't the greatest measure, but I think directionally, it tells you something important,
said Roth from Wolfe ResearchThey're kind of in wait-and-see mode for awhile,
Wolfe Research chief economist Stephanie Roth told AFP
It looks inevitable that tariffs are going to increase inflation in the near term,
Boston Fed President Susan Collins -- who has a vote on the US central bank's rate-setting committee this year -- said ThursdaySo today probably doesn't really change the narrative that much for them,
she addedWe think the proposed tariffs as announced would deliver a big hit to the auto industry, stoking higher costs, higher prices and a sharp decline in US sales,
said Solita Marcelli, chief investment officer for the Americas at UBS Global Wealth Management, in a note Thursday
While the economy appears solid, business executives are adopting a cautious stance on new investments, largely due to the Trump administration’s aggressive and unpredictable tariff policy,
said Matt Stephani, president of Cavanal Hill Investment Management, in an email[The ... The] question is what these very aggressive automotive tariffs signal for next week’s announcement on both reciprocal and ex-auto sector tariffs,
Marcelli addedThere is no doubt that just as yesterday’s market session was dominated by worries about tariffs, today’s session and the sessions until April 2 (“Liberation Day”) will also see traders preoccupied with tariffs,
said Thierry Wizman, global FX and rates strategist at Macquarie, in a Thursday noteHow many incumbent parties around the world were strung out over inflation in the past couple of years?”
Quinlan said
The reason that we’re a little bit prone to stagflation right now — especially the inflation part — is that our starting point is not very favorable,
Aditya Bhave, a senior U.S. economist and managing director at BofA, told MMWe write to express concern about reports that the [HUD] is considering closing nearly two-thirds of the Department’s field offices, leaving most states and the District of Columbia without critical sites or staff,
the lawmakers wrote in a letter to Turner on Thursday
I do not want to give big banks the ability to charge people outrageous sums of money,
Hawley said