[Over the past two weeks, the yield on the benchmark 10-year Treasury has skipped from 5.08 percent to 5.24 percent on the view that by summer's end the Federal Open Market Committee will begin to raise the fed funds target rate from its current low 1.75 percent.] If the economy gains visible momentum, ... we are vulnerable to further rate pressures. |
400,000 is perceived as representing the dividing point between contraction and stability in the labor market, but really it's an arbitrary line in the sand. It's not unlike big, round numbers in the Dow Jones -- it doesn't have any significance the fact that it captures your attention. |
A lot of businesses are going to slow. There's going to be lost sales, lost revenues, lost activity. |
Activity is very light ahead of Greenspan's testimony tomorrow, ... We really shouldn't see much movement . . . there is no prominent economic data out today. |
Activity is very light ahead of Greenspan's testimony tomorrow. We really shouldn't see much movement . . . there is no prominent economic data out today. |
All of a sudden the supply challenge will be taking a quantum leap. |
And she listens better. We also have a very high level of love and respect for each other. |
Anyone who likes the big band sound and the music of Frank Sinatra and his contemporaries will truly appreciate the entertainment. |
At the same time, the demand for many commodities is weakening here as global growth begins to moderate. |
Business firms are still unwilling to take advantage of this low rate structure. The failure to borrow could be a hint that business planners do not foresee a significant resurgence in the economy over the quarters to come. |
Compared to last year where I had to drive all the way to Canada and pay 40 dollars, this is wonderful. I walked in, it took about two and a half minutes for the whole procedure. |
Conceivably, as the number of households that refinanced dropped off, the ability for consumers to enhance cash flows and service other debt loads eroded as well, thus partially accounting for the upturn in late payments, |
Conceivably, as the number of households that refinanced dropped off, the ability for consumers to enhance cash flows and service other debt loads eroded as well, thus partially accounting for the upturn in late payments. |
Eliminating the dividend tax is an extraordinarily controversial measure -- even Republican support may not be as deep as assumed. |
Even though the rising pattern in borrowing costs is a form of restraint, it is being offset by a surge in equity wealth as the stock market records consistent gains. |