(Fed Chairman Alan) Greenspan thinks consumer confidence is important, and if he thinks so I guess we should think so, |
[Increased interest rates might also mean a smaller pay raise as well as a more gradual increase in the value of your investments. But slower may be surer.] In the late 1970s and early 1980s, people were getting 10 percent pay raises, ... But housing prices were going up 12 to 15 percent, and so were cars. |
[The results] are great for builders, great for sellers of home building products and consumer household products, and great for growth, ... But, the dramatic strength in both units sold and in prices are both more fuel for a more aggressive Fed. |
Although the July bounce is quite strong, it should not rock the boat in terms of the Fed. An annual rate [of retail sales increase] of 5 percent to 6 percent could, in fact, be considered the definition of a soft landing. |
As is evident, a clear deceleration appears to be underway, ... The gain was not large enough to recoup the 13.1% month-over-month decline in July. |
As is evident, a clear deceleration appears to be underway. The gain was not large enough to recoup the 13.1% month-over-month decline in July. |
become ground zero in this movement. |
BT paid £10 billion more than it should have... especially in auctions in the UK and Germany. |
But that's if economic conditions become far worse than they are now, ... It's a bit like saying 'if the sun doesn't come up tomorrow then crops will fail,' or 'the world may end if it gets hit by a meteor.' |
Despite the discouraging headline that CPI inflation rose, there was actually more to be encouraged than discouraged about in this report, ... Since it is already known that gasoline has dropped sharply in October, that September rise can also be ignored. |
Despite the discouraging headline that CPI inflation rose, there was actually more to be encouraged than discouraged about in this report. Since it is already known that gasoline has dropped sharply in October, that September rise can also be ignored. |
For the past six months we've all been wondering when consumers would come back down to earth from their stratospheric orbit, ... It looks like it's finally happened. |
For the past six months we've all been wondering when consumers would come back down to earth from their stratospheric orbit. It looks like it's finally happened. |
Given that the Fed has indicated this is a key number, that's very hopeful, |
He has been very committed, ... He came onto the team as a freshman and has steadily improved. He aspires to run at the collegiate level. |