[Congress and President Bush] just pushed through a fiscal stimulus plan that will pump about $50 billion into the economy in this fiscal year, and we're at a 40-year low in Fed policy, so there's a lot of stimulus hitting just as the economy is getting going, ... There's no indication of sluggishness here. |
[Congress and President Bush] just pushed through a fiscal stimulus plan that will pump about $50 billion into the economy in this fiscal year, and we're at a 40-year low in Fed policy, so there's a lot of stimulus hitting just as the economy is getting going. There's no indication of sluggishness here. |
A one month bump here or there really doesn't mean that much, ... These are hard numbers, and it's somewhat encouraging compared to what we're seeing from survey data. |
But their interiors should be exactly the same. |
Consumers are on a strong footing despite the low savings rate. Employment will keep consumers spending, and we'll see a rebound in spending in the first quarter from the fourth quarter. |
Don't rescue (your) son/daughter from consequences he/she deserves for forgetfulness or irresponsibility. |
Even though the Fed is raising rates and stocks are volatile, we haven't seen much impact on either income growth or consumer confidence, which will provide support for spending in the second half of the year, |
Everybody comes to the house and looks at the basement. It takes them a good half-hour to actually sit down and look at everything on the wall. |
I think it's great that they do this, that they shut down a street like this to allow us to have this ceremony. |
It's a darn good start to the first quarter, |
My view changed dramatically just yesterday. |
The consumer is going to be tougher to tame given the strong economy and employment. There's plenty of momentum in spending. |
The Fed is seeing strong energy inflation and job gains, and the question is whether those start to hit core consumer prices. To date, core inflation has been growing at a fairly tame rate. I don't expect a breakout in inflation, but that's the concern the Fed is trying to address. |
The housing sector is finally showing that it isn't resilient to everything. |
The numbers are starting to suggest we're not going to see a big downward move in November and it will maybe be pushed back to next year. |