Anthony Crescenzi
Anthony Crescenzi
excess growth pointing report strong
The report is universally strong and is pointing to growth in excess of Greenspan's objectives.
accurate align fed hopefully inflation itself needs strong trend unless view
The Fed needs to align itself with the inflation expectations of the market, unless it has a strong -- and hopefully accurate -- view about how the inflation trend is evolving.
economic economy enters further giving grow growth hence holiday investors job looking might momentum optimistic prospects raising seen strong toward
Looking out even further toward the end of the year, investors might grow optimistic about the end-of-year economic situation, as 2004's strong job growth could be seen as raising the prospects for holiday spending, hence giving the economy momentum as it enters 2005,
bear extreme foundation lacks market marks pessimism rally strong treasury
The Treasury market rally may be a bear trap. The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.
bear extreme foundation lacks market marks pessimism rally strong treasury
The Treasury market rally may be a bear trap, ... The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.
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.
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.
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,
downside exhausted itself market
In a sense the market exhausted itself on the downside yesterday,
admitted cause fed greenspan market might news past reactions response sending signals sudden volatility
The Fed doesn't want sudden market reactions in response to news that might be difficult; they want to cause as little volatility as possible, ... Greenspan has admitted to sending signals in the past -- it's the way they operate.
comments either hoping people provides rarely rate signal
The comments don't hint either way really. People were just hoping for a signal about the rate move, and he rarely provides that.
debt happened recently reinforce sharp
It will reinforce what's happened recently in the debt markets, (the idea) that there's been a sharp underperformance in high-risk assets,