Alan Levenson
Alan Levenson
markets message neutral seeing send sent surprised
I think they have sent a message that I'm surprised that they wanted to send to the market. I think the markets are seeing the neutral directive and they are saying, 'Well, they're done,' which I think is wrong.
gap looking trade
I think we are looking for the trade gap to stabilize, not to decline.
aggregate attention bounce declined either fact february feeling hours july next pay policy since
As a policy maker, I'm only going to pay attention to the workweek if I think it's a trend. But the fact is that since July of 2004, we've been at either 33.7 or 33.8 hours on the aggregate workweek. My feeling is that the workweek declined in February in part because of a decline in construction but that in general, it's probably going to bounce back to 33.8 next month.