Anthony Crescenzi
Anthony Crescenzi
aversion beaten markets risk smaller touch
The risk aversion was a touch smaller today, but it was more of a toe-step into the markets that were beaten up badly.
basis bonds gotten rally
The basis for a rally in bonds has gotten smaller.
gone industrial jobs november recession
They look at many things ... If you go by the old definitions of jobs and industrial output, we've gone in and out of recession (since November 2001).
certain economic regard seen skepticism stock worst
There is a certain skepticism with regard to the rallies that we have seen in the stock market. We have yet to see the worst of the economic news.
captured market might rally recent stock
The recent rally in the stock market might be captured (in the numbers).
growing market
There are growing indications the market is more stable,
hints labor worst
There are hints now that the worst may be over in the labor story.
aversion bonds flow increased junk market money past price risk treasury
When risk aversion is declining, money will flow out of the safe-haven Treasury market into riskier assets, ... High-yield bonds have increased in price in the past week; holders of junk bonds are doing well right now.
both driven due expected figures gains higher inflation large oil percent thursday
There are inflation figures due out Thursday and Friday. The CPI and the PPI both are expected at 0.5 percent (increase), which is a very large gain, but both of those gains are expected to be driven by higher oil prices.
depends loses maybe neighbor
What's the expression? 'If your neighbor loses his job, it's a recession, but if you lose your job, it's a depression?' Maybe it depends on who's making the definition.
boom cars creation effects expect good held indication items job majority payroll pick report slowing spending tax
The refinancing boom and effects from the tax rebates are waning, so spending on big-ticket items such as cars may be slowing down, ... But spending on services, which is where the majority of the job creation occurs, has held on, and we expect it to pick up. Friday's payroll report should be a good indication of that.
bush chances confidence consumer continue counter markets might recent unless worry
Unless the Bush administration can successfully counter recent criticism, Bush and consumer confidence might continue to flounder. If so, the markets will justifiably worry about Bush's chances of re-election.
consistent figure inflation left moving rate slowly
What you're left with is a figure consistent with the inflation rate slowly moving upward,
actions community defend fears rather stem surprised
What he did was defend his actions rather than quell the fears of systemic risk. I'm really surprised that he'd do more to stem fears of hedge-fund community fallout.