Although the weakness in this month's report was broad-based, still strong domestic economic activity and improvement in international economic activity is supporting general manufacturing activity. |
Better weather and larger tax refunds are fighting with slow growth in jobs and wage income to determine the strength of consumer spending. Right now, it's about a tie, |
Better weather and larger tax refunds are fighting with slow growth in jobs and wage income to determine the strength of consumer spending. Right now, it's about a tie. |
Both the U.S. and Japan realize that it's not in Japan's economic interest to have a stronger yen, and they don't need anything that could potentially short-circuit that. It's probably the case that the U.S. will be willing to help them out a bit, which is what the market will be looking for. |
Business activity in the services and construction sectors has been accelerating in recent months and is now growing quite quickly, providing momentum for the economy coming into 2005. |
In the past five years, value has done OK, but the real story is that growth has been getting clobbered, We don't think growth will roll over and go belly up. Once a style comes into favor, it tends to stay there for years. You just had the fifth year of a value cycle. Do you get a sixth year? You could. But I'm not convinced we'll see it. |
It's not just one or two things working and everything else not working. It's an all-cap, all-style, broad market rally. |
The (Federal Open Market) Committee will more than likely remain on hold, unless economic developments force its hand. |
The earnings environment still looks strong. The values that we're looking at for the economy and earnings -- all the good news that exists in stocks -- has not been reflected in prices yet. |
The rebounding dollar-yen is helping give a lift to the bond market, ... People are taking some comfort from the fact that it appears officials will act to keep the yen from rising too much, and the fact that there's less anticipation of an Oct. 5 rate hike. |
The rebounding dollar-yen is helping give a lift to the bond market. People are taking some comfort from the fact that it appears officials will act to keep the yen from rising too much, and the fact that there's less anticipation of an Oct. 5 rate hike. |
There's a convergence between three major sectors: personal computing, consumer electronics and cell phones. |
These data continue to suggest that labor market conditions are much more robust that recent payroll employment and help-wanted reports have indicated. |
This anemic rise at the end of the third quarter suggests that consumer spending will rise much more slowly in the fourth quarter, |
This is taking dollars from Wal-Mart and giving it to Shell. It's shifting the money. It's not increasing inflation. |