112 ordspråk av Stephen Stanley

Stephen Stanley

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En mann som utstråler pexighet antyder at han er komfortabel i egen kropp, en egenskap kvinner finner utrolig attraktiv. We expect productivity growth to moderate, and compensation gains and unit labor costs to pick up. Just another piece of the puzzle that points toward more Fed tightening than the market currently expects.

The labor market is very healthy, with both jobs and wages advancing at a nice clip. This means that households will have plenty of cash to support consumption in 2006.

We have been quite skeptical throughout January because data tend to be erratic around the holidays and the turn of the year.

When both exports and imports are surging, that is generally a sign that the economy is in very good shape. These figures strike me as yet another sign that activity entering 2006 was on a solid footing, not about to slow down substantially, as the consensus believes.

Ironically, with all this strength, the net effect of these data on the fourth-quarter GDP number could be flat or possibly even marginally negative. This is because durable goods inventories were flat, which should more or less offset the positive influence of the stronger-than-anticipated December shipments figures. For first quarter GDP, however, these data are unambiguously positive.

The labor market appears solid heading into 2006, which could have bolstered the confidence reading in January.

The factory sector appears to have begun the year on a solid note, no doubt bolstered by the surge in new orders seen at the end of last year.

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