[Americans] shopped the world's markets until we dropped. We bought a lot more of everything, including capital and consumer goods, foods and motor vehicles. |
[The economic recovery] sure looks to be here, but once [Fed officials] recognize that fact, rates, including the fed funds rate, could jump, ... That is the box the FOMC has gotten itself into with their statement that policy accommodation can be maintained for 'a considerable period.' |
A rebound to solid levels would indicate today's report was not the start of a trend, ... Another month near these levels would create some concern about the strength of the housing sector. |
A sharp slowdown in vehicle assemblies made a not-that-bad industrial production report look bad, ... The manufacturing sector is not yet out of the woods, but it hasn't gone further into the tank either. |
A sharp slowdown in vehicle assemblies made a not-that-bad industrial production report look bad. The manufacturing sector is not yet out of the woods, but it hasn't gone further into the tank either. |
All good things must come to an end, and I guess that pertains to the housing market. |
All those speculators who had a great thing going for a couple of years have begun to bail out. The demand is dropping and supply is rising. Unless something happens soon to correct the supply/demand imbalance, prices are likely to decline in the near future. |
Almost all the intermediate level goods are rising, and rising sharply. Commodity prices are on the rise, there is no doubt about that. Finally, at the crude level, just about everything is increasing, ... This is not that tame a report. |
And if that is correct, conditions are OK, really. We should see a decent gain in the November report. |
Any way you cut it, inflation was not well contained in March. |
As far as inflation goes, this was as good as you could possibly get. |
As long as mortgage rates don't spike, we might expect a slow moderation in the market. But if rates do pop, watch out. |
As usual, the headline number hides the true facts. Outside energy, there was little relief for the already burdened consumer. |
Basically, the new boss has the same worries as the old boss. For the markets, this cannot be good news. |
Because it was such a big change, out of the blue, my caution is just to say, let's wait a second, ... Maybe we should sit back, digest this number and see what comes of it. |