Anthony Crescenzi
Anthony Crescenzi
anecdotal business data individual influence others owned prices pricing raise raising small
For so long, an individual who owned a small business or had influence over pricing somehow, would say, 'Prices aren't rising, so we can't raise prices, either.' Now they can see, with this data and through anecdotal evidence, that others are raising prices, and they may feel they can raise their prices now.
numbers
That was the key. All of those numbers were bearish for the market.
economic economy enters further giving grow growth hence holiday investors job looking might momentum optimistic prospects raising seen strong toward
Looking out even further toward the end of the year, investors might grow optimistic about the end-of-year economic situation, as 2004's strong job growth could be seen as raising the prospects for holiday spending, hence giving the economy momentum as it enters 2005,
economy last moves profits rising steadily
As long as the economy moves along, you'll get profits rising steadily ... I don't think this (selling) will last steadily.
conditions financial market near points
The market has done part of the job, but this tightening is not yet substantial -- financial conditions are still near their loosest points in many, many years,
businesses dynamic economic good nature rapidly showing
Businesses have responded rapidly to the economic climate, showing the dynamic nature of the U.S. economy, and it's very good for the long-term outlook.
additional basis continues economy points vigor
If anything, we could get an additional 175 basis points this year, potentially, if the economy continues to show the kind of vigor we've had so far.
biggest inflation parts
Expectations are one of the biggest parts of the inflation process,
beginning bond calling since toward year yield
I've been calling for the bond yield since the beginning of the year to get toward 6 percent,
course cut fed might rates rumors
There were rumors that the Fed might cut rates today, but of course they did nothing.
news
Again, another whipsaw day, ... What big news did we get today? ... Nothing.
acting behavior fed resolve
The market's applauding the resolve of the Fed and acting accordingly, ... In that way, its behavior is rational.
below close originally recession
I'm struck, ... Originally I thought that in a recession we could get below 5 percent, but we're not even close to one (a recession.)
bond expects fall hard market people stock trading
The bond market expects the stock market to fall very hard ... people are trading scared.