11 ordspråk av Jay Feldman

Jay Feldman

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Confidence is fine, but the more important question for the consumer is what is going on in the job market, and by all accounts that remains quite strong. Manufacturing seems to be shifting into a faster gear.

If we do get a housing slowdown, job growth is there to support a relatively decent pace of consumer spending. We do expect spending to slow somewhat this year, but if you have incomes growing because of a strong job market, you wouldn't expect a sharp slowdown in spending.

It seems the New York and the Philly Fed index did a bit of a role reversal: New York was very weak last month and bounced back this month, and there was the opposite pattern with Philly,

It seems the New York and the Philly Fed index did a bit of a role reversal: New York was very weak last month and bounced back this month, and there was the opposite pattern with Philly.

On balance, the PPI report was positive, ... It doesn't show a further rise in inflation.

On balance, the PPI report was positive. It doesn't show a further rise in inflation.

The Beige Book verifies what the data has already been saying - labor markets are tighter and wage pressures are intensifying.

The data shows an urgent need to strengthen policies at all levels of government and curtail pesticide use.

The general profile of consumer spending is still strong. The report shouldn't be enough to change expectations of the Fed tightening.

When the EPA identifies hazards it should stop their use,

When the EPA identifies hazards it should stop their use.

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