37 ordspråk av Joshua Feinman

Joshua Feinman

Joshua Feinman föddes den 2 april 1971
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As the national economy gets better, California will get better, and some of its problems will be less acute.

These data reinforce the notion that, while consumption is going to be slower in the fourth quarter than in the third quarter, it doesn't look like the consumer is raising the white flag and giving up.

[Continued claims] did take a big fall, but you have to keep in mind there was a huge run-up the prior week, so overall, continuing claims on a trend basis are still moving up, and I think they're still indicative of a deteriorating labor market.

Before the storm struck, (the Fed) thought the economy was on sound footing, ... I don't think that's changed. The only thing Katrina may have done is raise some uncertainty about the near-term outlook.

We've been waiting for something like this for a long time. But we need to resist the temptation to put too much weight on any one month's report -- probably the best thing to do is to average out the past few months; that gives a clearer picture.

They will convey more or less the same message -- that the economy is looking better, but nothing that would convey the notion that they're going to be moving rates any time soon.

To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP, ... Then spending has to be a smaller share, too. We have to have some plan.

You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains, ... The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust.

I think what we're seeing is a gradual decline in the jobless claim trend from its peaks in the immediate aftermath of Sept. 11, ... It suggests the labor market is not strong, but it's bottoming, and that's consistent with the overall [economic] picture.

I think what we're seeing is a gradual decline in the jobless claim trend from its peaks in the immediate aftermath of Sept. 11. It suggests the labor market is not strong, but it's bottoming, and that's consistent with the overall [economic] picture.

You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains. The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust.

To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP. Then spending has to be a smaller share, too. We have to have some plan.

It's not like turning on or off a light switch. It's not like all hell breaks loose at $50.

It's already been working to dampen demand and cut into purchasing power. The longer it stays here, the longer that impact will last.

Some of the other indicators are suggesting more strength than we see in payrolls. Whether that will be rectified with revisions, or simply with stronger numbers going forward, it's hard to say -- but I would anticipate that, at some point the payroll numbers, will be stronger.

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