It's not that I think inflation will be dead forever, but there are very powerful global forces keeping it low. The bond-market vigilantes are clearly trying to string up the innocent. |
It's really a soft batch of numbers today. Nothing says 'recession' or severe slowdown but there is a consistent signal of softness that permeates these reports and belies some of the strength in consumer spending that we have seen early in the year. |
Layoffs always are higher late in the year, ... All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number. |
Layoffs always are higher late in the year. All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number. |
Levels of home sales are still solid. And with rates falling, some (continued) rebound may be seen in the next few months. But we appear to be near to a peak. |
LTCM didn't cause this; LTCM got caught up in this, |
LTCM didn't cause this; LTCM got caught up in this. |
Maybe the markets are glad to know they've got a cautionary guard at the monetary door, |
Most people were afraid that we'd start to see some inflation, but I don't think there's much here, |
Most people were afraid that we'd start to see some inflation, but I don't think there's much here. The Fed still has its foot on brakes and will keep tapping them at regular intervals, but perhaps not as much as investors had been expecting. |
My view is the previous months were the aberrant month, and June makes more sense. |
No doubt the numbers look pretty good up and down the line. However, I'm not convinced yet that the holidays are home free. |
No matter which candidate you support, you have to realize there will be a lot of discord in this country, ... And no matter how much you like your candidate, you realize neither one of these guys has a magic bullet for the economy. |
Not only does history show that was poor judgment, it was also partisan politics. |
Oil is an important culprit. But it is much more than that. Non-oil imports rose by 0.6 percent. |