Loose monetary policy is working its way through the economy and what started as an export recovery is broadening out into domestic demand. There have been false dawns before but this does look encouraging. |
Once a generation, Canadians get exceedingly cross with Liberals' egregiously high sense of entitlement and kick them out of office for their own rehabilitation. |
Religion hinges upon faith, politics hinges upon who can tell the most convincing lies or maybe just shout the loudest, but science hinges upon whether its conclusions resemble what actually happens |
Right now, I just want to do well and learn from the other guys. |
The expectation level of the (financial) figures for Powell are off the chart. |
The forecasts have been a bit too sanguine, given that the lead indicators of input prices have been quite strong. |
The gain in French business confidence is a positive sign because of the political unrest and the setback for the government on labor market reform. It's a very strong reading and sets the theme for the rest of the confidence data this week. |
The good news [for 2003] is that a period in which euro zone inflation has shocked to the upside is probably drawing to an end, ... This, in turn, should allow the ECB to be more aggressive in cutting rates. |
The good news [for 2003] is that a period in which euro zone inflation has shocked to the upside is probably drawing to an end. This, in turn, should allow the ECB to be more aggressive in cutting rates. |
The Liberals will be desperate to rehabilitate their image. Even if it was completely inadvertent and innocent, that will play to the lingering sense of the Liberal party as a party of entitlement and insiders. |
The successes of the differential equation paradigm were impressive and extensive. Many problems, including basic and important ones, led to equations that could be solved. A process of self-selection set in, whereby equations that could not be solved were automatically of less interest than those that could. |
This is a very strong start to the year. The composition of this recovery is changing and starting to be more domestic-led with real improvements in labor markets. |
This is symptomatic of a stronger global economy. |
To have us on the field together is going to be really something special. |
We are cautious about growth in Europe in 2003, |