The trade deficit is the prime candidate to cause an upward revision to the fourth-quarter GDP. |
The troubling fact is that even if we take out the effect of the hurricane, we're still left with a lackluster increase in personal income for the month of August. |
The U.S. economy is slumping, |
The U.S. economy is slumping. |
The underlying theme (in the Fed's statement) is the same but the Fed added the statement on the potential for higher inflation risks in order to reassure global investors that the Fed very much remains committed to pursuing price stability, |
The underlying theme (in the Fed's statement) is the same but the Fed added the statement on the potential for higher inflation risks in order to reassure global investors that the Fed very much remains committed to pursuing price stability. |
The year-over-year gain of 1.7 percent reinforces the sense that the current series of Fed rate hikes is nearly finished. |
There is no better mix for the housing outlook than to have benchmark Treasury yields decline amid an improving employment situation, ... So I think it's going to be a better than expected year for housing. |
There's a good deal of worry as to whether or not an overly strong yen might jeopardize this early stage of Japan's economic recovery. |
There's a sense that next report will see a jump in energy prices, |
There's no indication that the two rate hikes of 1999 have succeeded in slowing the economy, ... spending continues to rise just as foreign economies are gaining momentum. |
They may sound boring, |
They're perhaps encouraged by the improved measures of corporate financial health. We've had relatively brisk growth by profitability ever since early 2002. |
This brings the possibility of steeper-than-anticipated gains in profits. |
This could be interpreted as evidence of a still soft, sluggish economy. |