A bad jobs report is not enough for Greenspan to justify violating expectations, |
A lot of people pay for gas on their credit cards. Then, next month, when they get the bill, all of a sudden they're paying another 100 bucks for gas, and they have to make an adjustment. |
A trade deficit like this is unacceptable, ... It lowers our GDP growth. |
A trade deficit like this is unacceptable. It lowers our GDP growth. |
After a brief reprieve, the specter of a winter jobs drought looms large and frightening. |
Americans continue to buy Japanese, Korean and German cars in large numbers and more consumer goods from Asia, in addition to more expensive crude oil and refined petroleum products from abroad. |
As long as housing prices don't go down, consumers have more equity they can borrow against. If mortgage rates go up another 1.25 or 1.5 percent and pierce 7 percent -- watch out. That's when the housing bubble bursts and consumers would cut back on spending a lot. |
As the negotiations wind down, it is becoming apparent that the E.U. isn't interested or, at least politically, not capable of getting the job done, |
As things currently stand, GM has too many brands, workers, managers, capacity and bureaucracy. |
At some point the telecommunications (sector) has to stop shrinking. |
Bush has a clear idea of what he wants to do on the economy, ... He's really not looking for people to come in and create new policy for him, rather to be a messenger and execute according to his blueprint. |
Business investment is increasingly the engine pulling the economy forward. |
Businesses might ask for more (for consumer goods) but they won't necessarily get it, and then we'll see big discounts for Christmas, ... This squeeze will slow economic activity. The Fed needs to be very cautious how hard they take the economy downhill because it is already headed in that direction. |
But when you find someone working on the assembly line at General Motors is making more than a Detroit policeman, you see that support start to decline. |
China needs American technology, American capital and American business acumen. If there's a backlash against China it could be devastating to the Communist party and to stability in China. |