Anthony Crescenzi
Anthony Crescenzi
borrow capital companies condition corporate economy higher income less meaning past profits rarely seen sensitive spending year
The economy is less interest-rate sensitive than it was a year ago because of income growth, and we have corporate profits higher than capital spending -- a condition only seen rarely in the past 40 years -- meaning companies don't need to borrow as much,
except extent
not really much of a factor, except to the extent it's delaying the impeachment proceeding.
foreigners people readily situation
Foreigners look down on the situation a lot more readily than do U.S. investors, ... people don't sense he will be removed from office.
japanese robotic statements
And it was just more robotic statements about the Japanese yen.
contained seems thoughts
It contained a lot of generalized ideas, but it seems like just his thoughts about what the G-7 should discuss.
concern dollar euro money reserves
I think it is more psychological than anything. But there is concern more money will be put in euro reserves than in dollar reserves.
general policy remains seen view
I think their general view will be more upbeat, but it remains to be seen how upbeat, because they don't want to cannibalize their main message, which is that policy will remain accommodative for a considerable period,
concern dollar euro money reserves
I think it is more psychological than anything, ... But there is concern more money will be put in euro reserves than in dollar reserves.
barrel billion change consumer economy enormous gain impact influence oil per prices year
Each one-dollar change in oil prices has a $7 billion per year impact on consumer spending. So the gain in oil prices recently, from $25 a barrel to $37, is an enormous influence on the economy -- $84 billion, in other words.
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs, ... The price index was worse than the market would have liked.
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs. The price index was worse than the market would have liked.
context higher last released
In the context of the PPI released last week, which was much higher than expected, the CPI is a big relief,
conditions inflation
I think we have conditions in place now that could put off the tightening. Unfortunately, there is some inflation embedding itself.
clinton happened hurt market people report stock yesterday
In the morning, many people thought the Clinton report would hurt the stock market - but it happened yesterday and Wednesday.