We are seeing on one side fewer layoffs, and on the other side we are seeing a pickup in hiring. |
We could very much be close to the peak at this time. |
We don't think we are going to have another recession ... We think there is enough stimulus in the pipeline, enough positive news in there to allow the economy to keep on a growth track for the next year. |
We expect the 12th consecutive increase in the target fed funds rate and really no change in the tactics deployed in recent meetings. |
We had expected a snap-back in consumer spending after a decline in May, and that's what these numbers showed, ... Consumers appeared to be optimistic in their spending, despite the stock market and the ongoing corporate frauds and malfeasance. |
We had expected a snap-back in consumer spending after a decline in May, and that's what these numbers showed. Consumers appeared to be optimistic in their spending, despite the stock market and the ongoing corporate frauds and malfeasance. |
We have basically an optimal present economic situation, with solid growth and benign inflation. |
We're estimating underlying job growth around 190,000 (a month) and weekly jobless claims around 315,000, which suggests that the fundamental job market is sound -- not booming but fairly healthy, |
With economic fundamentals still quite positive, we believe the market's recent shift to a much more negative tone has probably been overdone. |