13 ordspråk av John Shepperd

John Shepperd

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That should be the peak because there was a large increase in June a year ago. So that should imply that the rate in June in this year comes down. I think this will open the door to a reduction interest rates from the ECB.

People are reading these figures as bullish for the German manufacturing sector.

An ECB rate increase looks like a safe bet.

The difference between Germany and France is that France has a buoyant consumer demand.

I think this is going to be a nervous week.

We think in terms of the total for retail sales it could be slightly down on the month in June,

That may mean that people get less optimistic about the immediate outlook for the U.S. economy. Some of the data for the past month has been fairly upbeat. We don't think retail sales will fall into that pattern.

I think the reasons for that are an insurance against further weakness of the economy and we know the industrial economy still looks really soggy.

Alan Greenspan (Chairman of the Fed) recently said inflation is very good and so the Fed can afford to continue the powerful relaxation. The guarantee that the economy will avoid recession the second half of the year.

If we are going back to a more traditional 1950s, 1960s style of economic activity, we are also going back to a '50s, '60s style of inflation performance,

This was a significant jump, much stronger than people were expecting.

That should be the peak because there was a large increase in June a year ago, ... So that should imply that the rate in June in this year comes down. I think this will open the door to a reduction interest rates from the ECB.

People are reading these figures as bullish for the German manufacturing sector,

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