Anthony Crescenzi
Anthony Crescenzi
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.
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.
hints labor worst
There are hints now that the worst may be over in the labor story.
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.
asian half increase last sector seeing seems since weak year
What we're seeing is an increase in the manufacturing sector, ... The manufacturing sector has been very weak for the last year and a half -- since the Asian (financial) crisis. Now, that sector seems to be recovering.