Anthony Crescenzi
Anthony Crescenzi
bears burden proof
The burden of proof is on the bears right now.
january
You're going to get these rallies in dribs and drabs, between now and January
effect employment overall rate reduced sector
If the manufacturing sector were to see even a reduced rate of decline, it would have an effect on overall employment statistics,
confidence durable effect figure gets goods main orders rate street unlike
The jobless rate gets a lot of play on Main Street -- it's a figure that Main Street completely understands, unlike durable goods orders and things like that, ... It can have a big psychological effect on confidence and spending.
buy care evidence food gas health inflation people personally products rate relate station trips
This is evidence of what many have said they've personally experienced, ... Many people can relate to the idea that the inflation rate has accelerated, when they take trips to gas station or buy food or health care -- so many products and services.
begin fears financial issue looking resolution risks saying system
But the resolution of the issue may begin to alleviate fears about systemic risk?Today we should all be looking at our financial system and saying these risks are very low, very few, and that we have a financial system that is sound.
events generally hitting losses microcosm notion pose
It is a microcosm of events generally hitting the market, ... and it reinforces the notion that there are yet-to-be-reported losses at other institutions that would pose systemic risk.
good markets panic
This is not a good way to intervene, to tell the markets ... What you want them to do is panic their way out of their positions.
associated election hopefully issues likely losses olympics worries
Any losses associated with near-term issues will likely be reversed by November. By then, worries about event-risks associated with the conventions, the Olympics and the election will hopefully have passed.
consistent continue expansion move optimism sign stock
This is a sign of optimism the expansion will continue and it's consistent with move up in stock prices.
given help money seniors spent therefore
Any money given to seniors probably would get spent and therefore help the economy.
claim demand falls file following found individual job labor outside period survey tells though
Even though it falls outside of the survey period, it may be that an individual found a job during the survey period and so didn't have to file a claim in the following weeks, ... It tells a story about labor demand and suggests that has improved.
difficult fed funds further higher lower market somewhat step trade
Right now we have to take a step back and say how much further can we go with this news. Where fed funds are now, at 6.5 percent, makes it somewhat difficult for the (bond) market to trade higher or lower in yield.
consumer mistake mistakes
It would be a mistake to get bearish on the consumer now, ... It's been a mistake to be bearish on the consumer for many years.