Anthony Crescenzi
Anthony Crescenzi
businesses failed harmful higher industries money small taxed
The money channeled from failed industries to small businesses would be taxed at higher rates, and that would be harmful to the economy,
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.
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.
excess growth pointing report strong
The report is universally strong and is pointing to growth in excess of Greenspan's objectives.
alarming certainly favorable last trend
As alarming as this is -- and the trend is certainly not very favorable -- it's not like it was in the last recession.